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
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 Ratio521.83
Forward P/E Ratio11.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$303.48 million
Price / Sales2.38
Cash Flow$4.4570 per share
Price / Cash6.98
Book Value($3.31) per share
Price / Book-9.40
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
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 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 market closes 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) issued its quarterly earnings results on Monday, May, 7th. The oil and gas exploration company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.28. The oil and gas exploration company earned $74.70 million during the quarter, compared to analysts' expectations of $73.17 million. Resolute Energy had a negative return on equity of 37.53% and a negative net margin of 5.72%. The company's revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 equities research analysts have issued 1-year target prices for Resolute Energy's shares. Their predictions range from $35.00 to $64.00. On average, they expect Resolute Energy's share price to reach $43.6250 in the next year. View Analyst Ratings for Resolute Energy.
Who are some of Resolute Energy's key competitors?
Some companies that are related to Resolute Energy include Enerplus (ERF), QEP Resources (QEP), SM Energy (SM), Jagged Peak Energy (JAG), Extraction Oil & Gas (XOG), Wildhorse Resource Development (WRD), Callon Petroleum (CPE), Carrizo Oil & Gas (CRZO), Petrobras Argentina (PZE), Tellurian (TELL), Laredo Petroleum (LPI), Gulfport Energy (GPOR), Denbury Resources (DNR), California Resources (CRC) 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?
News coverage about REN stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Resolute Energy earned a news sentiment score of 0.05 on Accern's scale. They also gave media headlines about the oil and gas exploration company an impact score of 46.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Resolute Energy's major shareholders?
Resolute Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include MONARCH ALTERNATIVE CAPITAL LP (9.79%), BlackRock Inc. (6.01%), Cardinal Capital Management LLC CT (4.64%), Millennium Management LLC (4.50%), VR Advisory Services Ltd (4.24%) and Franklin Resources Inc. (3.21%). 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 Millennium Management LLC, Barclays PLC, Westwood Holdings Group Inc., Franklin Resources Inc., Penn Capital Management Co. Inc., Westfield Capital Management Co. LP, New York State Common Retirement Fund and Principal Financial Group 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.
Which major investors are buying Resolute Energy stock?
REN stock was bought by a variety of institutional investors in the last quarter, including Carmignac Gestion, Cardinal Capital Management LLC CT, VR Advisory Services Ltd, Great Lakes Advisors LLC, Wexford Capital LP, UBS Group AG, Russell Investments Group Ltd. and Trexquant Investment LP. Company insiders that have bought Resolute Energy stock in the last two years include Gary Hultquist and Richard F Betz. 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 $31.44.
How big of a company is Resolute Energy?
Resolute Energy has a market capitalization of $740.85 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 (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.
