Centennial resource development reports q2 earnings per share $0.02

Centennial resource development announces second quarter 2020 results and issues 2020 guidance.q2 earnings per share $0.02.q2 earnings per share estimate $-0.28 -- refinitiv ibes data.total equivalent production during q2 2020 averaged 68,245 barrels of oil equivalent per day.average daily crude oil production for quarter was 37,411 barrels of oil per day.expect to be essentially cash flow neutral for remainder of year at current strip pricing.reduced 2020 total capital budget to $255 million from previous guidance.for 2020, plan to resume drilling activity with one-rig in q4.2020 total capital budget is about $240 million to $270 million.expect our future drilling program to be underpinned by significantly lower well costs.centennial resource - expects current operational plan to deliver fy total equivalent production volumes of 64,000 boe/d to 68,000 boe/d.qtrly oil and gas sales $90.5 million versus $244.2 million.q3 revenue view $107.1 million -- refinitiv ibes data.q2 revenue view $83.9 million -- refinitiv ibes data.
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