Published on 29 Jul 2022 on Simply Wall St. via Yahoo Finance
If you want to know who really controls Centennial Resource Development, Inc. (NASDAQ:CDEV), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned.
With a market capitalization of US$1.9b, Centennial Resource Development is a decent size, so it is probably on the radar of institutional investors. In the chart below, we can see that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about Centennial Resource Development.
See our latest analysis for Centennial Resource Development