Opinions
Eric Nuttall
Cenrtennial Resource Dev Inc
CDEV-Q
COMMENT
May 23, 2017
$16.170
Stock price when the opinion was issued
Energy
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A very high quality company, where their chairman is a highly-respected gentleman. Because of that, the stock trades at a premium. Just did a financing and asset acquisition. If he had more money to buy E&P, as opposed to the services, this would definitely be on his list, especially at $16. They have pretty strong visible running room. Strong balance sheet and an unbelievably strong management.