Oil & Gas Stock To Watch: Centennial Resource Development (NASDAQ:CDEV)

Centennial Resource Development (NASDAQ:CDEV) stock continues to gain momentum on Wednesday, extending its 2-week gain to 20%. The stock is one of the biggest oil & gas stock gainers this year with a jump of 212% YTD. Moreover, the stock has gained 865% from its 52-week low.

Recent News

Fri, May 21, 2021 – Centennial Resource Development to Participate in the UBS Global Energy Conference

announced that Sean R. Smith, Chief Executive Officer, Matt R. Garrison, Chief Operating Officer, and George S. Glyphis, Chief Financial Officer, are scheduled to participate in the UBS Global Energy Conference to be held virtually on May 25, 2021.

Market Action

As of 1:30, CDEV stock has moved up by 25 cents or 5.25% at $4.92. The stock has traded 3.50 million shares, compared to its average volume of 9.55 shares.  The stock opened at $4.69 and moved in a range of $ 4.6200 – 4.9400.

Keep an eye on Allied Energy (OTCMKTS:AGYP)

Another oil & gas stock one can keep an eye on is Allied Energy (OTCMKTS:AGYP). The stock has been moving within narrow range over the past few weeks and building a strong base at around 30 cents. The stock has already jumped 500% so far this year. Allied Energy Corporation engages in manufacturing and selling organic bio-fertilizers and soil enhancers under the Building a Better World Green brand name primarily in the Americas. The company is based in Del Mar, California.

Related Posts

About The Author