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-6.88
Current Ratio0.35
Quick Ratio0.35
Price-To-Earnings
Trailing P/E Ratio553.50
Forward P/E Ratio12.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$303.48 million
Price / Sales2.54
Cash Flow$4.5369 per share
Price / Cash7.32
Book Value($3.31) per share
Price / Book-10.03
Profitability
EPS (Most Recent Fiscal Year)$0.06
Net Income$-1,230,000.00
Net Margins-5.72%
Return on Equity-37.53%
Return on Assets3.85%
Miscellaneous
Employees128
Outstanding Shares23,170,000
Market Cap$777.22
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?
Resolute Energy shares reverse split 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 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) posted its quarterly earnings data on Monday, May, 7th. The oil and gas exploration company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.42 by $0.28. The oil and gas exploration company had revenue of $74.70 million for the quarter, compared to analyst estimates of $73.17 million. Resolute Energy had a negative net margin of 5.72% and a negative return on equity of 37.53%. The business's quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the business posted $0.01 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?
9 brokers have issued 12-month target prices for Resolute Energy's shares. Their forecasts range from $35.00 to $64.00. On average, they anticipate Resolute Energy's share price to reach $43.6250 in the next year. This suggests a possible upside of 31.4% from the stock's current price. View Analyst Ratings for Resolute Energy.
What is the consensus analysts' recommendation for Resolute Energy?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resolute Energy in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Resolute Energy's key competitors?
Some companies that are related to Resolute Energy include Jagged Peak Energy (JAG), SM Energy (SM), QEP Resources (QEP), Callon Petroleum (CPE), Extraction Oil & Gas (XOG), Carrizo Oil & Gas (CRZO), Petrobras Argentina (PZE), Laredo Petroleum (LPI), Wildhorse Resource Development (WRD), Gulfport Energy (GPOR), Denbury Resources (DNR), Tellurian (TELL), California Resources (CRC), Unit (UNT) and HighPoint Resources (HPR).
Who are Resolute Energy's key executives?
Resolute Energy's management team includes the folowing people:
- Mr. Richard F. Betz, Chief Exec. Officer and Director (Age 56)
- Mr. Theodore Gazulis, Chief Financial Officer and Exec. VP (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)
Has Resolute Energy been receiving favorable news coverage?
Media coverage about REN stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Resolute Energy earned a daily sentiment score of 0.20 on Accern's scale. They also assigned news headlines about the oil and gas exploration company an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Resolute Energy's major shareholders?
Resolute Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include MONARCH ALTERNATIVE CAPITAL LP (9.79%) and Mesirow Financial Investment Management Inc. (0.05%). Company insiders that own Resolute Energy stock include Bob D Brady, Jr, Gary Hultquist, James A Tuell, James E Duffy, Nicholas J Sutton, Richard F Betz, Thomas O Hicks Jr and William Kemper White. View Institutional Ownership Trends for Resolute Energy.
Which major 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 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 $33.21.
How big of a company is Resolute Energy?
Resolute Energy has a market capitalization of $777.22 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.
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.
