Memorial Resource Development Corp. Company Profile (NASDAQ:MRD)

About Memorial Resource Development Corp.

Memorial Resource Development Corp. logoMemorial Resource Development Corp. is an independent natural gas and oil company focused on the acquisition, exploration and development of natural gas and oil properties with substantially all of its activities in the Terryville Complex of North Louisiana. The Company's segments include MRD and Memorial Production Partners LP (MEMP). The MRD Segment is focused on the acquisition, exploration, and development of natural gas and oil properties primarily in the Cotton Valley formation in North Louisiana. The MEMP Segment is engaged in the acquisition, exploitation, development and production of oil and natural gas properties, with assets consisting primarily of producing oil and natural gas properties that are located in Texas, Louisiana, Colorado, Wyoming and offshore Southern California. The MEMP segment reflects the combined operations of MEMP and its subsidiaries. The Company's properties include Cotton Valley, Cotton Valley-Terryville Complex and Other North Louisiana.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MRD
  • CUSIP:
Key Metrics:
  • Previous Close: $14.79
  • 50 Day Moving Average: $15.19
  • 200 Day Moving Average: $13.42
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 51.00
  • P/E Growth: 0.83
  • Market Cap: $2.85B
  • Outstanding Shares: 192,500,000
  • Beta: 0.15
Additional Links:
Companies Related to Memorial Resource Development Corp.:

Analyst Ratings

Consensus Ratings for Memorial Resource Development Corp. (NASDAQ:MRD) (?)
Ratings Breakdown: 12 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.37)
Consensus Price Target: $16.82 (13.70% upside)

Analysts' Ratings History for Memorial Resource Development Corp. (NASDAQ:MRD)
Show:
DateFirmActionRatingPrice TargetDetails
7/29/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$17.00View Rating Details
5/25/2016Johnson RiceDowngradeBuy -> HoldView Rating Details
5/20/2016KLR GroupDowngradeBuy -> Hold$15.75View Rating Details
5/17/2016Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
5/17/2016Raymond James Financial Inc.DowngradeStrong-Buy -> Mkt PerformView Rating Details
5/17/2016WunderlichDowngradeBuy -> Hold$16.00View Rating Details
4/15/2016Ladenburg ThalmannInitiated CoverageBuy$17.00View Rating Details
3/30/2016Seaport Global SecuritiesDowngradeBuy -> NeutralView Rating Details
3/30/2016Citigroup Inc.Lower Price TargetNeutral$20.00 -> $11.00View Rating Details
3/29/2016Goldman Sachs Group Inc.Reiterated RatingHold$16.00 -> $15.50View Rating Details
3/16/2016JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
2/29/2016SunTrust Banks Inc.Reiterated RatingBuy$12.00View Rating Details
2/25/2016Royal Bank Of CanadaLower Price TargetOutperform$17.00 -> $15.00View Rating Details
2/17/2016Iberia CapitalInitiated CoverageSector Perform$12.00View Rating Details
2/4/2016US Capital AdvisorsDowngradeBuy -> HoldView Rating Details
2/4/2016Tudor PickeringDowngradeAccumulate -> HoldView Rating Details
1/28/2016Barclays PLCLower Price TargetOverweight$21.00 -> $19.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingOverweightView Rating Details
11/14/2015ScotiabankDowngradeFocus Stock -> Outperform$30.00View Rating Details
11/13/2015Howard WeilDowngradeFocus Stock -> Sector Outperform$30.00View Rating Details
3/20/2015SimmonsUpgradeNeutral -> OverweightView Rating Details
3/11/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Memorial Resource Development Corp. (NASDAQ:MRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
11/4/2015Q315$0.12$0.10$134.91 millionViewN/AView Earnings Details
8/5/2015Q215$0.10$0.09$100.58 millionViewN/AView Earnings Details
5/6/2015$0.10$0.08ViewN/AView Earnings Details
3/12/2015$0.13$0.01ViewN/AView Earnings Details
11/5/2014Q314$0.13$0.05$110.44 million$98.30 millionViewN/AView Earnings Details
8/12/2014$0.19$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Memorial Resource Development Corp. (NASDAQ:MRD)
Current Year EPS Consensus Estimate: $0.51 EPS
Next Year EPS Consensus Estimate: $0.29 EPS

Dividends

Dividend History for Memorial Resource Development Corp. (NASDAQ:MRD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Memorial Resource Development Corp. (NASDAQ:MRD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/11/2016Patrick Wood IIIDirectorSell3,500$14.44$50,540.00View SEC Filing  
7/12/2016Tyler Joseph FenleyInsiderSell25,000$16.42$410,500.00View SEC Filing  
6/7/2016John NaborsInsiderSell30,000$16.58$497,400.00View SEC Filing  
6/1/2016John NaborsInsiderSell20,000$16.00$320,000.00View SEC Filing  
5/26/2016John NaborsInsiderSell10,000$16.00$160,000.00View SEC Filing  
5/25/2016John NaborsInsiderSell20,000$15.25$305,000.00View SEC Filing  
5/20/2016John NaborsInsiderSell10,000$15.00$150,000.00View SEC Filing  
3/22/2016Joseph WyszynskiInsiderSell300,000$9.98$2,994,000.00View SEC Filing  
10/6/2015Steven Wayne EckermaninsiderSell191,403$19.00$3,636,657.00View SEC Filing  
9/17/2015Tyler Joseph FenleyinsiderSell68,000$19.49$1,325,320.00View SEC Filing  
9/16/2015Marcus Shane SpillsoninsiderSell50,495$19.33$976,068.35View SEC Filing  
9/10/2015Herbert William ColeInsiderSell10,000$19.95$199,500.00View SEC Filing  
9/8/2015Steve Saad HabachyInsiderSell173,451$20.03$3,474,223.53View SEC Filing  
8/31/2015Herbert William ColeInsiderSell5,000$19.43$97,150.00View SEC Filing  
8/20/2015Joseph WyszynskiInsiderSell154,879$19.37$3,000,006.23View SEC Filing  
8/19/2015Herbert William ColeInsiderSell11,000$19.64$216,040.00View SEC Filing  
8/18/2015Steven Wayne EckermaninsiderSell65,590$20.10$1,318,359.00View SEC Filing  
6/29/2015Joseph WyszynskiInsiderSell105,000$18.81$1,975,050.00View SEC Filing  
6/26/2015Joseph WyszynskiInsiderSell245,000$18.66$4,571,700.00View SEC Filing  
6/16/2015Marcus Shane SpillsonInsiderSell10,000$20.07$200,700.00View SEC Filing  
6/11/2015Steve Saad HabachyInsiderSell15,903$20.04$318,696.12View SEC Filing  
6/9/2015Steve Saad HabachyInsiderSell1,100$20.41$22,451.00View SEC Filing  
6/8/2015Tyler Joseph FenleyInsiderSell7,479$19.93$149,056.47View SEC Filing  
6/5/2015Marcus Shane SpillsonInsiderSell15,000$19.86$297,900.00View SEC Filing  
6/2/2015Tyler Joseph FenleyInsiderSell5,925$19.71$116,781.75View SEC Filing  
5/22/2015Tyler Joseph FenleyInsiderSell10,000$19.99$199,900.00View SEC Filing  
5/19/2015Tyler Joseph FenleyInsiderSell10,000$19.51$195,100.00View SEC Filing  
5/9/2015Tyler Joseph FenleyInsiderSell6,600$20.50$135,300.00View SEC Filing  
5/1/2015John NaborsInsiderSell10,000$20.25$202,500.00View SEC Filing  
4/30/2015Paul Ray Jr. EscheteInsiderSell100,000$19.87$1,987,000.00View SEC Filing  
4/29/2015Tyler Joseph FenleyInsiderSell10,000$20.04$200,400.00View SEC Filing  
4/20/2015Steve Saad HabachyInsiderSell30,000$20.00$600,000.00View SEC Filing  
4/17/2015Steve Saad HabachyInsiderSell18,400$19.40$356,960.00View SEC Filing  
4/16/2015Steve Saad HabachyInsiderSell100,000$19.30$1,930,000.00View SEC Filing  
4/15/2015Paul Ray Jr. EscheteInsiderSell200,000$18.90$3,780,000.00View SEC Filing  
4/14/2015Steven Wayne EckermanInsiderSell100,000$18.56$1,856,000.00View SEC Filing  
4/8/2015John NaborsInsiderSell5,655$18.50$104,617.50View SEC Filing  
4/7/2015John NaborsInsiderSell16,000$18.24$291,840.00View SEC Filing  
4/6/2015Paul Ray Jr. EscheteInsiderSell142,133$17.97$2,554,130.01View SEC Filing  
4/1/2015Paul Ray Jr. EscheteInsiderSell100,000$17.59$1,759,000.00View SEC Filing  
3/31/2015Herbert William ColeInsiderSell20,000$17.25$345,000.00View SEC Filing  
3/26/2015John NaborsInsiderSell8,000$18.00$144,000.00View SEC Filing  
3/25/2015William HebertInsiderSell50,000$17.50$875,000.00View SEC Filing  
3/23/2015Paul Ray Jr. EscheteInsiderSell81,790$17.75$1,451,772.50View SEC Filing  
3/20/2015Steven Wayne EckermanInsiderSell100,310$17.78$1,783,511.80View SEC Filing  
3/19/2015Steve Saad HabachyInsiderSell300,000$17.59$5,277,000.00View SEC Filing  
1/23/2015Michael Warren MunseyInsiderSell223,828$19.00$4,252,732.00View SEC Filing  
1/21/2015Michael Warren MunseyInsiderSell28,098$19.00$533,862.00View SEC Filing  
1/12/2015Heath Allen SumrowInsiderSell67,256$17.80$1,197,156.80View SEC Filing  
1/9/2015Heath Allen SumrowInsiderSell138,433$18.03$2,495,946.99View SEC Filing  
1/8/2015Heath Allen SumrowInsiderSell3,500$18.50$64,750.00View SEC Filing  
1/2/2015Michael Warren MunseyInsiderSell64,527$19.00$1,226,013.00View SEC Filing  
12/18/2014Heath Allen SumrowInsiderSell449,819$18.83$8,470,091.77View SEC Filing  
11/21/2014William HebertInsiderSell12,497$22.25$278,058.25View SEC Filing  
11/18/2014Anthony Franklin BahrInsiderSell2,513,365$22.25$55,922,371.25View SEC Filing  
8/18/2014Robert A InnamoratiDirectorBuy8,127$25.12$204,150.24View SEC Filing  
6/13/2014Andrew J CozbyCFOBuy6,000$19.00$114,000.00View SEC Filing  
6/13/2014Dennis G VenghausCAOBuy5,000$19.00$95,000.00View SEC Filing  
6/13/2014John A WeinzierlCEOBuy110,000$19.00$2,090,000.00View SEC Filing  
6/13/2014Kyle N RoaneVPBuy10,000$19.00$190,000.00View SEC Filing  
6/13/2014Patrick Wood IIIDirectorBuy15,000$19.00$285,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Memorial Resource Development Corp. (NASDAQ:MRD)
DateHeadline
4-traders.com logoMEMORIAL RESOURCE DEVELOPMENT CORP. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) (NASDAQ:MRD)
www.4-traders.com - August 26 at 5:59 PM
marketrealist.com logoUS Natural Gas Consumption Fell Last Week (NASDAQ:MRD)
marketrealist.com - August 26 at 5:59 PM
marketrealist.com logoNatural Gas Prices Rise for the Fourth Straight Session (NASDAQ:MRD)
marketrealist.com - August 26 at 5:59 PM
biz.yahoo.com logoMEMORIAL RESOURCE DEVELOPMENT CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Stateme (NASDAQ:MRD)
biz.yahoo.com - August 26 at 5:59 PM
News IconRange Resources Corporation Announces Early Tender Results (NASDAQ:MRD)
www.oilandgas360.com - August 24 at 6:02 PM
marketrealist.com logoUS Natural Gas Prices Could Trend Higher in 2017 (NASDAQ:MRD)
marketrealist.com - August 22 at 6:14 PM
News IconJERSEY CITY BRIEFS (NASDAQ:MRD)
www.hudsonreporter.com - August 21 at 5:38 PM
News IconSanofi licensed to develop third plant in Vietnam (NASDAQ:MRD)
www.vietnambreakingnews.com - August 21 at 5:38 PM
News IconIs it Time to Buy Memorial Resource Development Corp. (NASDAQ:MRD)? Crowd & Analysts Weigh in - Post News (NASDAQ:MRD)
www.kentuckypostnews.com - August 21 at 10:27 AM
News IconMemorial Resource Development Corp. (Nasdaq: MRD) to Ring The ... - ForexTV.com (NASDAQ:MRD)
forextv.com - August 20 at 10:21 AM
News IconPT Look at Memorial Resource Development Corp. (NASDAQ:MRD) - Post News (NASDAQ:MRD)
www.kentuckypostnews.com - August 20 at 10:21 AM
investornewswire.com logoWill Memorial Resource Development Corp. (NASDAQ:MRD) Hit $23 Price Target? - Investor Newswire (NASDAQ:MRD)
www.investornewswire.com - August 20 at 10:21 AM
nasdaq.com logoCommit To Buy Memorial Resource Development Corp At $12.50, Earn 11.2% Annualized Using Options - Nasdaq (NASDAQ:MRD)
www.nasdaq.com - August 19 at 6:12 PM
nasdaq.com logoCommit To Buy Memorial Resource Development Corp At $12.50, Earn 11.2% Annualized Using Options (NASDAQ:MRD)
www.nasdaq.com - August 19 at 9:20 AM
publicnow.com logoMemorial Resource Development Corp. (Nasdaq: MRD) to Ring The Nasdaq Stock Market Opening Bell (NASDAQ:MRD)
www.publicnow.com - August 18 at 6:25 PM
nasdaq.com logoRange Resources Corporation Announces Early Tender Results for Offers and ... (NASDAQ:MRD)
www.nasdaq.com - August 17 at 9:23 AM
publicnow.com logoRange Resources Corporation Announces Early Tender Results for Offers and Consent Solicitations for Memorial Resource Development Corp.’s 5.875% Senior Notes and all of Range Resources’ Senior Subordinated Notes (NASDAQ:MRD)
www.publicnow.com - August 17 at 9:22 AM
investornewswire.com logoMemorial Resource Development Corp. (NASDAQ:MRD) Records An Estimated Annual Sales Mean Of $667.15 - Investor Newswire (NASDAQ:MRD)
www.investornewswire.com - August 15 at 8:29 AM
seekingalpha.com logoAppalachian Gas Pure Play Strategy Out Of Favor? (NASDAQ:MRD)
seekingalpha.com - August 12 at 6:22 PM
marketrealist.com logoOpen Interest in US Natural Gas Contracts Rebounds (NASDAQ:MRD)
marketrealist.com - August 12 at 6:22 PM
tradecalls.org logoBMO Capital Downgrades Memorial Resource Development Corp to Market Perform - Trade Calls (NASDAQ:MRD)
www.tradecalls.org - August 9 at 9:27 AM
capitalcube.com logoMemorial Resource Development Corp. :MRD-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NASDAQ:MRD)
www.capitalcube.com - August 8 at 6:30 PM
finance.yahoo.com logoRange Resources Corporation to Add New Independent Director to Board (NASDAQ:MRD)
finance.yahoo.com - August 8 at 10:57 AM
marketrealist.com logoNatural Gas Prices: What Are the Peaks and Lows This Year? (NASDAQ:MRD)
marketrealist.com - August 5 at 6:27 PM
istreetwire.com logoStocks Under Consideration: Zions Bancorporation (ZION), Memorial Resource Development Corp. (MRD), Cerus ... - iStreetWire (NASDAQ:MRD)
istreetwire.com - August 4 at 9:27 AM
reuters.com logoBRIEF-Range Resources commences consent solicitations for Memorial Resource's senior notes (NASDAQ:MRD)
www.reuters.com - August 3 at 9:36 AM
nasdaq.com logoRange Resources Corporation Commences Offers and Consent Solicitations for ... (NASDAQ:MRD)
www.nasdaq.com - August 3 at 9:36 AM
publicnow.com logoRange Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.’s Senior Notes and Range’s Senior Subordinated Notes (NASDAQ:MRD)
www.publicnow.com - August 3 at 9:36 AM
investornewswire.com logoCan Shares Of Memorial Resource Development Corp. (NASDAQ:MRD) Hit $23? - Investor Newswire (NASDAQ:MRD)
www.investornewswire.com - July 28 at 6:32 PM
globenewswire.com logoMemorial Resource Development Corp. Announces Second Quarter 2016 Results - GlobeNewswire (press release) (NASDAQ:MRD)
globenewswire.com - July 28 at 6:32 PM
rttnews.com logoEARNINGS SUMMARY: Details of Memorial Resource Development Corp. Q2 Earnings Report (NASDAQ:MRD)
www.rttnews.com - July 28 at 9:29 AM
marketrealist.com logoChart in Focus: SM Energy’s 2Q16 Cash Flow Estimates (NASDAQ:MRD)
marketrealist.com - July 27 at 9:09 AM
marketrealist.com logoWall Street’s Pre-Earnings Results Ratings for Devon Energy (NASDAQ:MRD)
marketrealist.com - July 27 at 9:08 AM
finance.yahoo.com logoRange Announces Second Quarter 2016 Results (NASDAQ:MRD)
finance.yahoo.com - July 26 at 4:31 PM
istreetwire.com logoEye Catching Stocks: Memorial Resource Development Corp. (MRD), Cadence Design Systems Inc. (CDNS ... - iStreetWire (NASDAQ:MRD)
istreetwire.com - July 25 at 6:24 PM
News IconAnalysts Take on Earnings: Memorial Resource Development Corp. (NASDAQ:MRD), Syntel, Inc. (NASDAQ:SYNT), TC ... - Engelwood Daily (NASDAQ:MRD)
www.engelwooddaily.com - July 22 at 6:09 PM
marketrealist.com logoOptions Traders Aren’t Interested in US Natural Gas Contracts (NASDAQ:MRD)
marketrealist.com - July 22 at 1:25 PM
marketrealist.com logoHot Summer Weather Forecast Sends Natural Gas Prices Higher (NASDAQ:MRD)
marketrealist.com - July 22 at 1:24 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Memorial Resource Development Corp. (NASDAQ:MRD) - TGP (NASDAQ:MRD)
telanaganapress.com - July 22 at 9:12 AM
News IconInstitutions Increasing Their Positions in Memorial Resource Development Corp. (NASDAQ:MRD) - Engelwood Daily (NASDAQ:MRD)
www.engelwooddaily.com - July 21 at 6:33 PM
investornewswire.com logoIs $23 Price Target Attainable For Memorial Resource Development Corp. (NASDAQ:MRD)? - Investor Newswire (NASDAQ:MRD)
www.investornewswire.com - July 21 at 6:33 PM
News IconStock Analysis review: Memorial Resource Development Corp ... - News Oracle (NASDAQ:MRD)
www.newsoracle.com - July 21 at 6:33 PM
capitalcube.com logoMemorial Resource Development Corp. breached its 50 day moving average in a Bearish Manner : MRD-US : July 21, 2016 (NASDAQ:MRD)
www.capitalcube.com - July 21 at 8:20 AM
News IconMemorial Resource Development Corp. (NASDAQ:MRD) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:MRD)
www.engelwooddaily.com - July 20 at 6:57 PM
News IconShares Lower on the Year Memorial Resource Development Corp. (NASDAQ:MRD) - Press Telegraph (NASDAQ:MRD)
presstelegraph.com - July 20 at 6:57 PM
News IconSolid Performer in Focus: Memorial Resource Development Corp. (NASDAQ:MRD) - Engelwood Daily (NASDAQ:MRD)
www.engelwooddaily.com - July 20 at 6:57 PM
News IconStock Strength in Focus for Memorial Resource Development Corp. (NASDAQ:MRD) - Press Telegraph (NASDAQ:MRD)
presstelegraph.com - July 20 at 6:57 PM
globenewswire.com logoMemorial Resource Development Corp. Announces Meeting Date and Record Date for Special Meeting - GlobeNewswire (press release) (NASDAQ:MRD)
www.globenewswire.com - July 20 at 6:57 PM
News IconRange Resources Corporation Announces Record Date and Expected Meeting Date ... (NASDAQ:MRD)
www.power-eng.com - July 19 at 11:02 AM
bizjournals.com logoShareholders to vote on Fort Worth upstream co.'s acquisition of Houston-based E&P co. for $4.4B (NASDAQ:MRD)
www.bizjournals.com - July 19 at 10:25 AM

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Memorial Resource Development Corp. (NASDAQ:MRD) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff