Centennial Resource Development Inc.

[sundance]

Dan ..... Do you know much/anything about Centennial Resource Development Inc("CDEV")? Appear to be a pure Permian play. Over last 12 months stock has gone from $0.25 to $6.00 and now back in $4.25 range. Have total of 80,000 ac of leases in Reeves Co., Texas and Lea County, NM. Wonder how much of a negative impact "Biden and Company" is going to have on their New Mexico holdings?

[dan_s]

It used to be in our Small-Cap Growth Portfolio but I dropped it because of too much debt. I believe it went thru a Chapter 11 debt restructuring. They do have lots of good leasehold.