Why Centennial Resource Development Stock Fell 13% at the Open Today
Author Bio Reuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls. What happened Shares of U.S. onshore exploration and production company Centennial Resource Development (NASDAQ:CDEV) fell a little more than 13% when trading began on Dec. 21. Although the stock quickly gained back some of that loss, it was still off by roughly 9% at 10 a.m. EST. So what The development and approval of effective coronavirus vaccines helped to turn the energy sector higher in recent weeks. Oil prices reached levels not seen since the...