Eclipse Resources Corporation Company Profile (NYSE:ECR)

Eclipse Resources Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECR."

Eclipse Resources Corporation (NYSE:ECR) posted its quarterly earnings results on Thursday, November, 3rd. The company reported ($0.10) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.05. The business earned $54.50 million during the quarter, compared to analyst estimates of $57.81 million. Eclipse Resources Corporation had a negative net margin of 15.86% and a negative return on equity of 5.22%. The firm's quarterly revenue was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.37) earnings per share. View Eclipse Resources Corporation's Earnings History.

Eclipse Resources Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Eclipse Resources Corporation.

10 analysts have issued 1-year price targets for Eclipse Resources Corporation's stock. Their forecasts range from $0.36 to $7.00. On average, they expect Eclipse Resources Corporation's share price to reach $3.31 in the next twelve months. View Analyst Ratings for Eclipse Resources Corporation.

Here are some recent quotes from research analysts about Eclipse Resources Corporation stock:

• 1. According to Zacks Investment Research, "Eclipse Resources Corporation is an independent exploration and production company. It is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. Eclipse Resources Corporation is headquartered in State College, Pennsylvania. " (3/22/2017)
• 2. Seaport Global Securities analysts commented, "After catching up with management ahead of this week's Analyst Day, we expect the update to highlight the company's 2017/2018 outlook (second rig likely coming by mid-2017), enhanced completions (Gen 3 completions outperforming type curves by >20%, which haven't been updated since the IPO in 2014), and current acreage footprint (likely indicates an expanded position in the liquids-rich condensate area). Management had previously estimated that a one-rig program could generate 30% growth in 2017 (with capex of $200MM-$225MM) and a 25% two-year CAGR through 2018, and that the addition of a second rig in mid-2017 would allow for a two-year CAGR of >40% (likely pushes 2017 capex closer to $300MM). We note that current SGS/Street estimates call for 40%/39% growth in 2017 from $302MM/$238MM spend and a two-year CAGR of 48%/35%, respectively. As it pertains to the quarter, we expect production to come in at the high-end of guidance (245.0-250.0 MMcfepd vs. SGS/Street both at 250.0 MMcfepd); additionally, we expect realized oil and NGL prices to come in strong vs. guidance (SGS at $7.00 below NYMEX/42% of WTI for oil/NGLs vs. guidance of $7.00-$9.00 below NYMEX/35%-40% of WTI, respectively). We're updating our estimates post our conversation with management, and increasing our NAV-based price target to $4.00 (vs. $3.50 previously) after making some adjustments to our type curve assumptions; we are also upgrading our rating to Buy (from Neutral). ECR is the cheapest NE gas name while offering good compression in out-year multiples (FY17 projected EV/EBITDA of 5.1x moves to 3.8x in FY20) and is the best debt-adjusted grower in the group (27% vs. peers at 17%)." (2/6/2017)

Some companies that are related to Eclipse Resources Corporation include Wildhorse Resource Development Corporation (WRD), Advantage Oil & Gas Ltd (AAV), Carrizo Oil & Gas (CRZO), Cairn Energy PLC (CNE), Unit Corporation (UNT), EP Energy Corporation (EPE), Baytex Energy Corp (BTE), Pengrowth Energy Corporation (PGH), Ophir Energy Plc (OPHR), Denbury Resources (DNR), California Resources Corporation (CRC), Genel Energy PLC (GENL), W&T Offshore (WTI), SOCO International plc (SIA), San Juan Basin Royalty Trust (SJT), Sound Energy PLC (SOU), Sanchez Energy Corporation (SN) and Faroe Petroleum plc (FPM).

Eclipse Resources Corporation's management team includes the folowing people:

• Benjamin W. Hulburt, Chairman of the Board, President, Chief Executive Officer
• Matthew R. DeNezza, Chief Financial Officer, Executive Vice President
• Oleg E. Tolmachev, Chief Operating Officer, Executive Vice President
• Christopher Kent Hulburt, Executive Vice President, General Counsel, Secretary, Director
• Thomas S. Liberatore, Executive Vice President - Corporate Development and Geosciences
• Randall M. Albert, Lead Independent Director
• Mark E. Burroughs Jr, Independent Director
• Richard D. Paterson, Independent Director
• D. Martin Phillips, Independent Director
• Douglas E. Swanson Jr., Independent Director

Eclipse Resources Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include EnCap Energy Capital Fund IX L.P. (27.73%), Encap Energy Capital Fund Viii L.P. (22.72%), Encap Energy Capital Fund Viii Co. Investors L.P. (15.38%), Vanguard Group Inc. (2.02%), Sanders Morris Harris LLC (1.96%) and Nomura Holdings Inc. (1.95%). Company insiders that own Eclipse Resources Corporation stock include Benjamin Ward Hulburt, Daniel Massé, Matthew R Denezza, Nancy Lacoursiere, Oleg E Tolmachev and Philippe Cloutier. View Institutional Ownership Trends for Eclipse Resources Corporation.

Eclipse Resources Corporation's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Boston Partners, Penn Capital Management Co. Inc., Parametric Portfolio Associates LLC, Sanders Morris Harris LLC and Royal Bank of Canada. Company insiders that have sold Eclipse Resources Corporation stock in the last year include Benjamin Ward Hulburt, Matthew R Denezza and Oleg E Tolmachev. View Insider Buying and Selling for Eclipse Resources Corporation.

Eclipse Resources Corporation's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Rubric Capital Management LP, TIAA CREF Investment Management LLC, State Street Corp, National Planning Corp, Vanguard Group Inc., Northern Trust Corp and Teachers Advisors LLC. Company insiders that have bought Eclipse Resources Corporation stock in the last two years include Daniel Massé, Nancy Lacoursiere and Philippe Cloutier. View Insider Buying and Selling for Eclipse Resources Corporation.

Shares of Eclipse Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Eclipse Resources Corporation stock can currently be purchased for approximately $2.45.