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NYSE:MRMontage Resources Stock Price, Forecast & News

$5.77
+0.13 (+2.30 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$5.40
Now: $5.77
$5.78
50-Day Range
$2.19
MA: $4.88
$6.83
52-Week Range
$1.99
Now: $5.77
$9.54
Volume303,318 shs
Average Volume849,344 shs
Market Capitalization$206.62 million
P/E Ratio4.24
Dividend YieldN/A
Beta4.01
Montage Resources Corporation operates as an oil and natural gas exploration and production company. As of December 31, 2018, it had an acreage position comprising approximately 241,000 net acres in Ohio and Pennsylvania; and had estimated proved reserves of 1,864.7 billion cubic feet of natural gas equivalent. The company was formerly known as Eclipse Resources Corporation and changed its name to Montage Resources Corporation in February 2019. Montage Resources Corporation was founded in 2011 and is based in Irving, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.83 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone469-444-1647

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$634.44 million
Cash Flow$6.63 per share
Book Value$27.94 per share

Profitability

Net Income$31.76 million

Miscellaneous

Employees159
Market Cap$206.62 million
Next Earnings Date8/4/2020 (Estimated)
OptionableNot Optionable

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Montage Resources (NYSE:MR) Frequently Asked Questions

How has Montage Resources' stock been impacted by COVID-19 (Coronavirus)?

Montage Resources' stock was trading at $2.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MR shares have increased by 144.5% and is now trading at $5.77. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Montage Resources?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montage Resources in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Montage Resources.

When is Montage Resources' next earnings date?

Montage Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Montage Resources.

How were Montage Resources' earnings last quarter?

Montage Resources Corp (NYSE:MR) released its earnings results on Thursday, May, 7th. The medical instruments supplier reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.13. The medical instruments supplier earned $133.43 million during the quarter, compared to analyst estimates of $137.11 million. Montage Resources had a return on equity of 6.39% and a net margin of 7.77%. View Montage Resources' earnings history.

What price target have analysts set for MR?

7 Wall Street analysts have issued 12-month price objectives for Montage Resources' stock. Their forecasts range from $2.40 to $10.00. On average, they expect Montage Resources' stock price to reach $6.99 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Montage Resources.

Has Montage Resources been receiving favorable news coverage?

Media coverage about MR stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Montage Resources earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news stories about the medical instruments supplier a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutMontage Resources.

Are investors shorting Montage Resources?

Montage Resources saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,140,000 shares, a decrease of 10.0% from the April 15th total of 3,490,000 shares. Based on an average daily trading volume, of 773,400 shares, the short-interest ratio is currently 4.1 days. Currently, 17.4% of the company's stock are sold short. View Montage Resources' Current Options Chain.

Who are some of Montage Resources' key competitors?

What other stocks do shareholders of Montage Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Montage Resources investors own include Rex Energy (REXX), Gulfport Energy (GPOR), Pegasystems (PEGA), Curis (CRIS), Ford Motor (F), Bank of America (BAC), Chesapeake Energy (CHK), Enterprise Products Partners (EPD), Exxon Mobil (XOM) and Antero Resources (AR).

Who are Montage Resources' key executives?

Montage Resources' management team includes the following people:
  • Mr. Benjamin W. Hulburt, Co-Founder, Chairman, Pres & CEO (Age 45)
  • Mr. John K. Reinhart, Pres, CEO & Director (Age 50)
  • Mr. Matt Denezza, Exec. VP & CFO (Age 48)
  • Mr. Michael L. Hodges, Exec. VP & CFO (Age 40)
  • Mr. Oleg E. Tolmachev, Exec. VP & COO (Age 44)

What is Montage Resources' stock symbol?

Montage Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MR."

Who are Montage Resources' major shareholders?

Montage Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Silver Point Capital L.P. (6.37%), BlackRock Inc. (4.28%), State Street Corp (1.06%), Wells Fargo & Company MN (1.02%), Geode Capital Management LLC (0.85%) and Russell Investments Group Ltd. (0.68%). Company insiders that own Montage Resources stock include John K Reinhart, Michael L Hodges, Oleg E Tolmachev and Richard D Paterson. View institutional ownership trends for Montage Resources.

Which major investors are selling Montage Resources stock?

MR stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Geode Capital Management LLC, WINTON GROUP Ltd, Silver Point Capital L.P., UBS Group AG, Systematic Financial Management LP, and Wells Fargo & Company MN. View insider buying and selling activity for Montage Resources.

Which major investors are buying Montage Resources stock?

MR stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Invesco Ltd., Mesirow Financial Investment Management Inc., Napier Park Global Capital US LP, Nuveen Asset Management LLC, State Street Corp, Prime Capital Investment Advisors LLC, and Martingale Asset Management L P. Company insiders that have bought Montage Resources stock in the last two years include John K Reinhart, Michael L Hodges, and Oleg E Tolmachev. View insider buying and selling activity for Montage Resources.

How do I buy shares of Montage Resources?

Shares of MR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Montage Resources' stock price today?

One share of MR stock can currently be purchased for approximately $5.77.

How big of a company is Montage Resources?

Montage Resources has a market capitalization of $206.62 million and generates $634.44 million in revenue each year. The medical instruments supplier earns $31.76 million in net income (profit) each year or $2.29 on an earnings per share basis. Montage Resources employs 159 workers across the globe.

What is Montage Resources' official website?

The official website for Montage Resources is www.montageresources.com.

How can I contact Montage Resources?

Montage Resources' mailing address is 122 WEST JOHN CARPENTER FREEWAY SUITE 300, IRVING TX, 75039. The medical instruments supplier can be reached via phone at 469-444-1647.

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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