Resolute Energy Corporation Company Profile (NYSE:REN)

Resolute Energy Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "REN."

Shares of Resolute Energy Corporation reverse split before market open on 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 Corporation stock prior to the reverse split would have 20 shares after the split.

Resolute Energy Corporation (NYSE:REN) released its earnings results on Monday, August, 7th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.25. The business earned $71.06 million during the quarter, compared to analysts' expectations of $77.09 million. The firm's revenue for the quarter was up 100.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($2.44) EPS. View Resolute Energy Corporation's Earnings History.

Resolute Energy Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Resolute Energy Corporation.

13 equities research analysts have issued twelve-month price targets for Resolute Energy Corporation's stock. Their forecasts range from $32.00 to $64.00. On average, they anticipate Resolute Energy Corporation's stock price to reach $45.36 in the next year. View Analyst Ratings for Resolute Energy Corporation.

Here are some recent quotes from research analysts about Resolute Energy Corporation stock:

• 1. According to Zacks Investment Research, "Resolute Energy Corporation, formerly Hicks Acquisition Company I, Inc. (HACI), is an independent oil and gas company engaged in the acquisition, exploitation and development of oil and gas properties. The company operates producing properties in Utah, which were legacy properties acquired from two major oil companies, in connection with a strategic alliance with Navajo Nation Oil and Gas Company (wholly owned by the Navajo Nation) and in Wyoming and Oklahoma, which were acquired through the acquisition of a privately held oil and gas producer. In addition, Resolute owns exploration properties in Wyoming and Alabama. " (8/12/2017)
• 2. KLR Group analysts commented, "We are increasing our REN target price $3 to $54 per share due to slightly higher price realizations and lower LOE/production tax expense. Resolute's mid-cycle capital yield of ~175% is superior to the industry median cash recycle ratio of ~145% and approximates the Delaware Basin peer median. Our '17 production expectation of ~25 Mboepd is in the lower half of guidance (24-28 Mboepd)." (3/15/2017)

Some companies that are related to Resolute Energy Corporation include NGL ENERGY PARTNERS LP (NGL), Tidewater (TDW), Oil States International (OIS), Enbridge Energy Management LLC (EEQ), Warrior Met Coal (HCC), Wildhorse Resource Development Corporation (WRD), Advantage Oil & Gas Ltd (AAV), Carrizo Oil & Gas (CRZO), 8point3 Energy Partners LP (CAFD), SolarEdge Technologies (SEDG), Helix Energy Solutions Group (HLX), Exterran Corporation (EXTN), SunPower Corporation (SPWR), Unit Corporation (UNT), NCS Multistage Holdings (NCSM), Noble Corporation (NE), Noble Midstream Partners LP (NBLX) and Archrock Partners, L.P. (APLP).

Resolute Energy Corporation's management team includes the folowing people:

• Nicholas J. Sutton, Executive Chairman of the Board
• James M. Piccone, President, Director
• Richard F. Betz, Chief Executive Officer, Director
• Theodore Gazulis, Chief Financial Officer, Executive Vice President
• Michael N. Stefanoudakis, Executive Vice President, General Counsel, Secretary
• James A. Tuell, Senior Vice President, Chief Accounting Officer
• Bob D. Brady Jr., Senior Vice President - Operations
• Tod C. Benton, Director
• Janet W. Pasque, Director
• James E. Duffy, Independent Director

Resolute Energy Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (7.66%), Vanguard Group Inc. (6.66%), State Street Corp (4.93%), Caymus Capital Partners L.P. (3.33%), FMR LLC (3.06%) and Westwood Holdings Group Inc. (3.03%). Company insiders that own Resolute Energy Corporation stock include Advisory Corp Spo, Bob D Brady, Jr, Gary Hultquist, James A Tuell, James E Duffy, James M Piccone, Michael Stefanoudakis, Nicholas J Sutton, Richard F Betz, Theodore Gazulis, Thomas O Hicks Jr and William Kemper White. View Institutional Ownership Trends for Resolute Energy Corporation.

Resolute Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Goldman Sachs Group Inc., Old Mutual Global Investors UK Ltd., Pier Capital LLC, Virtu KCG Holdings LLC, First Mercantile Trust Co., Parkwood LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Resolute Energy Corporation stock in the last year include Bob D Brady, Jr, James A Tuell, James E Duffy, Richard F Betz, Thomas O Hicks Jr and William Kemper White. View Insider Buying and Selling for Resolute Energy Corporation.

Resolute Energy Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Franklin Resources Inc., Caymus Capital Partners L.P., Westwood Holdings Group Inc., Northern Trust Corp, Caxton Associates LP, Principal Financial Group Inc. and State Street Corp. Company insiders that have bought Resolute Energy Corporation stock in the last two years include Gary Hultquist, James M Piccone, Michael Stefanoudakis, Nicholas J Sutton, Richard F Betz, Theodore Gazulis and Thomas O Hicks Jr. View Insider Buying and Selling for Resolute Energy Corporation.

Shares of Resolute Energy 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 Resolute Energy Corporation stock can currently be purchased for approximately $29.76.