Resolute Energy Corporation, an independent oil and gas company, engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the United States. Its principal project area is located in the Delaware Basin portion of the Permian Basin, Reeves County. As of December 31, 2017, it had interests in approximately 27,100 gross acres located in the Permian Basin of Texas; and its estimated net proved reserves were approximately 53.4 million barrels of oil equivalent. Resolute Energy Corporation was founded in 2004 and is based in Denver, Colorado.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:REN
CUSIP76116A10
Phone303-534-4600
Debt
Debt-to-Equity Ratio-8.08
Current Ratio0.35
Quick Ratio0.35
Price-To-Earnings
Trailing P/E Ratio485.50
Forward P/E Ratio13.31
P/E GrowthN/A
Sales & Book Value
Annual Sales$303.48 million
Price / Sales2.22
Cash Flow$3.5321 per share
Price / Cash8.25
Book Value($3.31) per share
Price / Book-8.80
Profitability
EPS (Most Recent Fiscal Year)$0.06
Net Income$-1,230,000.00
Net Margins-10.99%
Return on Equity-16.12%
Return on Assets1.71%
Miscellaneous
Employees128
Outstanding Shares23,170,000
Market Cap$875.92 million
Resolute Energy (NYSE:REN) Frequently Asked Questions
What is Resolute Energy's stock symbol?
Resolute Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "REN."
When did Resolute Energy's stock split? How did Resolute Energy's stock split work?
Shares of Resolute Energy reverse split on the morning of Sunday, May 8th 2016. The 1-5 reverse split was announced on Friday, May 27th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Saturday, May 7th 2016. An investor that had 100 shares of Resolute Energy stock prior to the reverse split would have 20 shares after the split.
How were Resolute Energy's earnings last quarter?
Resolute Energy Corp (NYSE:REN) announced its earnings results on Monday, August, 6th. The oil and gas exploration company reported ($0.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.26. The oil and gas exploration company earned $73.38 million during the quarter, compared to analysts' expectations of $76.24 million. Resolute Energy had a negative return on equity of 16.12% and a negative net margin of 10.99%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $0.47 earnings per share. View Resolute Energy's Earnings History.
When is Resolute Energy's next earnings date?
What price target have analysts set for REN?
7 Wall Street analysts have issued twelve-month price objectives for Resolute Energy's stock. Their forecasts range from $35.00 to $45.00. On average, they expect Resolute Energy's share price to reach $39.1667 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Resolute Energy.
What is the consensus analysts' recommendation for Resolute Energy?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resolute Energy in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Resolute Energy.
Who are some of Resolute Energy's key competitors?
Some companies that are related to Resolute Energy include Crescent Point Energy (CPG), Magnolia Oil & Gas (MGY), PDC Energy (PDCE), CNX Resources (CNX), Enerplus (ERF), Southwestern Energy (SWN), Jagged Peak Energy (JAG), Denbury Resources (DNR), Callon Petroleum (CPE), QEP Resources (QEP), Wildhorse Resource Development (WRD), California Resources (CRC), Petrobras Argentina (PZE), Tellurian (TELL) and Carrizo Oil & Gas (CRZO).
Who are Resolute Energy's key executives?
Resolute Energy's management team includes the folowing people:
- Mr. Richard F. Betz, CEO & Director (Age 56)
- Mr. Theodore Gazulis, Exec. VP & CFO (Age 63)
- Mr. Bobby D. Brady Jr., Exec. VP of Operations (Age 60)
- Mr. Michael N. Stefanoudakis, Exec. VP of Corp. Devel./Strategy, Gen. Counsel & Sec. (Age 47)
- Mr. Nicholas J. Sutton, Exec. Chairman (Age 73)
Who are Resolute Energy's major shareholders?
Resolute Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mesirow Financial Investment Management Inc. (0.03%). Company insiders that own Resolute Energy stock include Bob D Brady, Jr, Gary Hultquist, James A Tuell, James E Duffy, Monarch Alternative Capital Lp, Nicholas J Sutton, Richard F Betz, Thomas O Hicks Jr and William Kemper White. View Institutional Ownership Trends for Resolute Energy.
Which institutional investors are selling Resolute Energy stock?
REN stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. Company insiders that have sold Resolute Energy company stock in the last year include James E Duffy, Monarch Alternative Capital Lp and Nicholas J Sutton. View Insider Buying and Selling for Resolute Energy.
How do I buy shares of Resolute Energy?
Shares of REN 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, Scottrade, Fidelity and Charles Schwab.
What is Resolute Energy's stock price today?
One share of REN stock can currently be purchased for approximately $29.14.
How big of a company is Resolute Energy?
Resolute Energy has a market capitalization of $875.92 million and generates $303.48 million in revenue each year. The oil and gas exploration company earns $-1,230,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Resolute Energy employs 128 workers across the globe.
What is Resolute Energy's official website?
How can I contact Resolute Energy?
Resolute Energy's mailing address is 1700 LINCOLN ST. SUITE 2800, DENVER CO, 80203. The oil and gas exploration company can be reached via phone at 303-534-4600 or via email at [email protected]
MarketBeat Community Rating for Resolute Energy (NYSE REN)
MarketBeat's community ratings are surveys of what our community members think about Resolute Energy and other stocks. Vote "Outperform" if you believe REN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REN will underperform the S&P 500 over the long term. You may vote once every thirty days.
