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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Annual Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended December 31 , 2020 or Transition Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 Commission file number 001-37697 CENTENNIAL RESOURCE DEVELOPMENT , INC . ( Exact name of registrant as specified in its charter ) Delaware ( State of Incorporation ) 47-5381253 ( I.R.S. Employer Identification No. ) Title of each class 1001 Seventeenth Street , Suite 1800 Denver , Colorado 80202 ( Registrant's telephone number , including area code ) : ( 720 ) 499-1400 Securities registered pursuant to Section 12 ( b ) of the Act : Class A Common Stock , par value $ 0.0001 per share Trading Symbol ( s ) CDEV Name of each exchange on which registered The NASDAQ Stock Market LLC Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes > No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes □ No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to the filing requirements for the past 90 days . Yes ☑ No □ Indicate by check mark whether the Registrant has submitted electronically and posted on its corporate website , if any , every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . ( See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act ) . Large accelerated filer Smaller reporting company Accelerated filer Non - accelerated filer Emerging growth company ☐ ☑ ☐ ☑ ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C.7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No The aggregate market value of the voting and non - voting common stock held by non - affiliates of the registrant as of June 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , was approximately $ 162,307,533 based on the closing price of the shares of common stock on that date . As of February 19 , 2021 , there were 278,916,306 shares of Class A Common Stock , par value $ 0.0001 per share outstanding . Documents Incorporated by Reference : Portions of the registrant's definitive proxy statement for its 2021 Annual Meeting of Stockholders , which will be filed with the United States Securities and Exchange Commission within 120 days of December 31 , 2020 , are incorporated by reference into Part III of this Form 10 - K for the year ended December 31 , 2020 .