Rice Energy Company Profile (NYSE:RICE)

About Rice Energy

Rice Energy logoRice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Exploration and Production segment operates in the cores of the Marcellus and Utica Shales. The Company controls approximately 231,000 net acres in the Marcellus and Ohio Utica Shale cores. It operates approximately 1,164 drilling locations. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RICE
  • CUSIP:
Key Metrics:
  • Previous Close: $18.62
  • 50 Day Moving Average: $20.68
  • 200 Day Moving Average: $23.69
  • 52-Week Range: $8.64 - $29.36
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 33.85
  • P/E Growth: 1.02
  • Market Cap: $3.77B
  • Outstanding Shares: 202,591,000
  • Beta: 1.8
Profitability:
  • Net Margins: -61.58%
  • Return on Equity: 0.75%
  • Return on Assets: 0.39%
Debt:
  • Debt-to-Equity Ratio: 0.39%
  • Current Ratio: 5.60%
  • Quick Ratio: 5.60%
Additional Links:
Companies Related to Rice Energy:

Analyst Ratings

Consensus Ratings for Rice Energy (NYSE:RICE) (?)
Ratings Breakdown: 5 Hold Ratings, 21 Buy Ratings
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $28.95 (55.50% upside)

Analysts' Ratings History for Rice Energy (NYSE:RICE)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$28.00View Rating Details
1/30/2017SunTrust Banks, Inc.DowngradeBuy -> HoldView Rating Details
1/24/2017Williams CapitalUpgradeHold -> Buy$25.00 -> $27.00View Rating Details
12/19/2016Barclays PLCInitiated CoverageOverweight$30.00View Rating Details
12/16/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> BuyView Rating Details
12/9/2016Mitsubishi UFJ Financial GroupReiterated RatingOverweight$30.00View Rating Details
11/21/2016Deutsche Bank AGUpgradeHold -> Buy$30.00 -> $33.00View Rating Details
11/7/2016National SecuritiesReiterated RatingBuy -> BuyView Rating Details
10/18/2016Jefferies Group LLCSet Price TargetBuy$32.00View Rating Details
10/13/2016Tudor PickeringDowngradeBuy -> HoldView Rating Details
10/12/2016ScotiabankReiterated RatingSector Outperform$30.00 -> $32.00View Rating Details
10/11/2016Howard WeilBoost Price TargetSector Outperform$30.00 -> $32.00View Rating Details
10/5/2016MizuhoInitiated CoverageBuy$43.00View Rating Details
10/3/2016KLR GroupBoost Price TargetBuy$37.00 -> $41.00View Rating Details
10/3/2016Royal Bank of CanadaBoost Price TargetOutperform$29.00 -> $30.00View Rating Details
10/3/2016RBC Capital MarketsReiterated RatingBuy$29.00 -> $30.00View Rating Details
9/28/2016Johnson RiceReiterated RatingHoldView Rating Details
9/28/2016GMP SecuritiesInitiated CoverageBuy$34.00View Rating Details
8/11/2016Citigroup Inc.Boost Price TargetNeutral$22.00 -> $28.00View Rating Details
8/5/2016Stifel NicolausBoost Price TargetBuy$24.00 -> $30.00View Rating Details
5/18/2016Sterne Agee CRTReiterated RatingBuy$26.00View Rating Details
5/9/2016Topeka Capital MarketsBoost Price TargetBuy$20.00 -> $24.00View Rating Details
4/13/2016StephensReiterated RatingBuyView Rating Details
3/29/2016Iberia CapitalUpgradeOutperformView Rating Details
3/16/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
3/7/2016BMO Capital MarketsReiterated RatingOutperform$12.00 -> $15.00View Rating Details
2/23/2016Cowen and CompanyReiterated RatingOutperform$11.00 -> $14.00View Rating Details
2/18/2016Drexel HamiltonInitiated CoverageBuy$18.00View Rating Details
5/11/2015Canaccord GenuityReiterated RatingBuy$31.00View Rating Details
3/26/2015Capital One Financial CorporationUpgradeEqual Weight -> OverweightView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Rice Energy (NYSE:RICE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
11/2/2016Q316$0.02$0.41$216.58 million$198.90 millionViewN/AView Earnings Details
8/3/2016Q216($0.06)($1.07)$180.12 million$116.00 millionViewN/AView Earnings Details
5/4/2016Q116($0.09)($0.15)$169.08 million$139.90 millionViewN/AView Earnings Details
2/24/2016Q415$0.01($2.06)$158.38 million$136.10 millionViewListenView Earnings Details
11/5/2015Q315$0.01$0.03$153.36 million$143.60 millionViewN/AView Earnings Details
8/6/2015Q215($0.04)$0.03$127.42 million$112.90 millionViewN/AView Earnings Details
5/7/2015Q115$0.02($0.02)$133.15 million$109.00 millionViewN/AView Earnings Details
3/12/2015Q414$0.04$0.03$124.02 million$129.40 millionViewN/AView Earnings Details
11/12/2014Q314($0.04)($0.11)$82.30 million$79.13 millionViewN/AView Earnings Details
8/11/2014Q214$0.06$0.03$90.02 million$91.94 millionViewN/AView Earnings Details
5/13/2014Q114$0.13$0.99$76.63 million$90.47 millionViewN/AView Earnings Details
3/13/2014Q413$0.08($0.07)$71.53 million$55.61 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rice Energy (NYSE:RICE)
Current Year EPS Consensus Estimate: $0.37 EPS
Next Year EPS Consensus Estimate: $0.55 EPS

Dividends

Dividend History for Rice Energy (NYSE:RICE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Rice Energy (NYSE:RICE)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 94.27%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/29/2016James Wilmot RogersInsiderSell114,523$25.50$2,920,336.50View SEC Filing  
11/28/2016James Wilmot RogersInsiderSell85,544$25.66$2,195,059.04View SEC Filing  
4/15/2016Ngp Rice Holdings LlcDirectorSell9,858,891$15.60$153,798,699.60View SEC Filing  
12/21/2015Daniel RiceDirectorSell5,000,000$7.75$38,750,000.00View SEC Filing  
11/30/2015Toby Z RiceCOOBuy7,500$13.30$99,750.00View SEC Filing  
5/15/2015Ngp Rice Holdings LlcDirectorSell6,000,000$23.99$143,940,000.00View SEC Filing  
3/17/2015John MccartneyDirectorBuy2,000$19.28$38,560.00View SEC Filing  
3/16/2015Steven C DixonDirectorBuy10,000$17.92$179,200.00View SEC Filing  
8/19/2014Alpha Natural Resources, Inc.DirectorSell3,114,825$26.28$81,857,601.00View SEC Filing  
1/29/2014James W ChristmasDirectorBuy175,000$21.00$3,675,000.00View SEC Filing  
1/24/2014Scott GieselmanDirectorBuy40,000$21.00$840,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Rice Energy (NYSE:RICE)
DateHeadline
News IconRice Energy Inc (NYSE:RICE) Reviewed By Analysts (NYSE:RICE)
www.graffiotech.com - February 25 at 7:06 PM
News IconCan Rice Energy Inc. (NYSE:RICE) Add to its Stock After Earnings? (NYSE:RICE)
fairydetox.org - February 24 at 9:02 PM
nasdaq.com logoCommit To Purchase Rice Energy At $15, Earn 9.2% Annualized Using Options (NYSE:RICE)
www.nasdaq.com - February 24 at 9:02 PM
capitalcube.com logoRice Energy, Inc. :RICE-US: Earnings Analysis: Q4, 2016 By the Numbers : February 24, 2017 (NYSE:RICE)
us.rd.yahoo.com - February 24 at 9:02 PM
marketrealist.com logoAnalyzing Short Interest Trends in Chesapeake Energy Stock (NYSE:RICE)
marketrealist.com - February 24 at 8:06 AM
prnewswire.com logoRice Energy Reports Fourth Quarter and Full-Year 2016 Financial and Operating Results - PR Newswire (press release) (NYSE:RICE)
www.prnewswire.com - February 24 at 12:41 AM
News IconEquity Perception: Analyst's Indicator Review for Rice Energy Inc. (RICE), Gulfport Energy Corp. (GPOR) - The USA Commerce (NYSE:RICE)
www.theusacommerce.com - February 24 at 12:41 AM
prnewswire.com logoRice Energy Announces 2017 Capital Budget and Guidance - PR Newswire (press release) (NYSE:RICE)
www.prnewswire.com - February 24 at 12:41 AM
finance.yahoo.com logoEdited Transcript of RICE earnings conference call or presentation 23-Feb-17 3:00pm GMT (NYSE:RICE)
finance.yahoo.com - February 24 at 12:41 AM
News IconRice Energy Continues Marcellus/Utica Bolt-Ons Following Vantage Acquisition (NYSE:RICE)
www.naturalgasintel.com - February 23 at 7:39 PM
bizjournals.com logoRice Energy, Rice Midstream plan $1.5B in capital spending (NYSE:RICE)
www.bizjournals.com - February 23 at 7:39 PM
seekingalpha.com logoRice Energy (RICE) Q4 2016 Results - Earnings Call Transcript (NYSE:RICE)
seekingalpha.com - February 23 at 7:39 PM
News IconLookout for Price Target? Toll Brothers, Inc. (TOL), Rice Energy Inc. (RICE) - StockNewsJournal (NYSE:RICE)
stocknewsjournal.com - February 23 at 8:23 AM
finance.yahoo.com logoRice Energy reports 4Q loss - Yahoo Finance (NYSE:RICE)
finance.yahoo.com - February 23 at 8:23 AM
marketexclusive.com logoRICE ENERGY INC. (NYSE:RICE) Files An 8-K Results of Operations and Financial Condition - Market Exclusive (NYSE:RICE)
marketexclusive.com - February 23 at 8:23 AM
News IconForward Earnings Estimate of Rice Energy Inc.(RICE) - Highland Mirror (NYSE:RICE)
www.highlandmirror.com - February 23 at 8:23 AM
biz.yahoo.com logoRICE ENERGY INC. Files SEC form 8-K, Results of Operations and Financial Condition, Amendments to Articles of Inc. or (NYSE:RICE)
biz.yahoo.com - February 23 at 8:23 AM
reuters.com logoBRIEF-RICE ENERGY ANNOUNCES 2017 CAPITAL BUDGET AND GUIDANCE (NYSE:RICE)
www.reuters.com - February 22 at 7:43 PM
us.rd.yahoo.com logoRice Energy Reports Fourth Quarter and Full-Year 2016 Financial and Operating Results (NYSE:RICE)
us.rd.yahoo.com - February 22 at 7:43 PM
us.rd.yahoo.com logoRice Midstream Partners Reports Fourth Quarter and Full-Year 2016 Financial and Operating Results (NYSE:RICE)
us.rd.yahoo.com - February 22 at 7:43 PM
us.rd.yahoo.com logoRice Energy Announces 2017 Capital Budget and Guidance (NYSE:RICE)
us.rd.yahoo.com - February 22 at 7:43 PM
us.rd.yahoo.com logoRice Midstream Partners Announces 2017 Capital Budget and Guidance (NYSE:RICE)
us.rd.yahoo.com - February 22 at 7:43 PM
sg.finance.yahoo.com logoRice Energy reports 4Q loss (NYSE:RICE)
sg.finance.yahoo.com - February 22 at 7:43 PM
News IconTrading Desk: What are the Numbers Saying About Rice Energy Inc. (NYSE:RICE) - Rives Journal (NYSE:RICE)
rivesjournal.com - February 21 at 5:19 PM
News IconAnalysts Take the Wheel on Rice Energy Inc. (NYSE:RICE) Shares and Where They Might Be Headed - Aiken Advocate (NYSE:RICE)
aikenadvocate.com - February 21 at 5:19 PM
News IconStock Price of Rice Energy Inc. (RICE) Decreases -6.9% - Money Flow Index & Trends (NYSE:RICE)
www.moneyflowtrends.com - February 21 at 5:19 PM
News IconRice Energy Inc. (NYSE:RICE): How technical signals have emerged? - Post Analyst (NYSE:RICE)
postanalyst.com - February 21 at 5:19 PM
News IconEquity Perception: Analyst's Indicator Review for Rice Energy Inc. (RICE), Westlake Chemical Corporation (WLK) - The USA Commerce (NYSE:RICE)
www.theusacommerce.com - February 21 at 5:19 PM
News IconWashington County landowners caught in eminent domain fight with Rover (NYSE:RICE)
powersource.post-gazette.com - February 20 at 6:45 PM
News IconRevenue Approximations Analysis: Rice Energy Inc. (RICE), First Horizon National Corporation (FHN) - StockNewsJournal (NYSE:RICE)
stocknewsjournal.com - February 18 at 8:18 AM
News IconDrilling Down Into the Charts for Rice Energy Inc. (RICE) | The USA ... - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 18 at 8:18 AM
News IconAnalytical Guide for Superior Energy Services, Inc. (SPN), Rice Energy Inc. (RICE) Stakeholders - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 18 at 8:18 AM
News IconThe Capital Markets are Open to Oil & Gas (NYSE:RICE)
www.oilandgas360.com - February 14 at 5:38 AM
streetinsider.com logoForm 4/A Rice Energy Inc. For: Feb 09 Filed by: Lisenby Grayson T. (NYSE:RICE)
www.streetinsider.com - February 14 at 5:38 AM
streetinsider.com logoForm 4 Rice Energy Inc. For: Jan 30 Filed by: Jordan William E. - StreetInsider.com (NYSE:RICE)
www.streetinsider.com - February 12 at 8:21 AM
streetinsider.com logoForm 4 Rice Energy Inc. For: Jan 30 Filed by: Rogers James Wilmot (NYSE:RICE)
www.streetinsider.com - February 11 at 7:35 PM
reuters.com logoBRIEF-Third Point takes share stake in Rice Energy, Broadcom, Southwestern Energy (NYSE:RICE)
www.reuters.com - February 11 at 3:48 AM
News IconSell-Side Analyst's Predictions: Tractor Supply Company (TSCO), Rice Energy Inc. (RICE) - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 10 at 10:47 PM
News IconThe Technical Facts on Rice Energy Inc. (RICE) - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 10 at 10:47 PM
reuters.com logoBRIEF-Third Point takes share stake in Rice Energy, Broadcom, Southwestern Energy - Reuters (NYSE:RICE)
www.reuters.com - February 10 at 10:47 PM
News IconToday Analysts Focus on Rice Energy Inc. (RICE), Sprouts Farmers ... - StockNewsJournal (NYSE:RICE)
stocknewsjournal.com - February 10 at 10:47 PM
News IconShares of Rice Energy Inc. (RICE) Sees Large Outflow of Money ... - Highland Mirror (NYSE:RICE)
www.highlandmirror.com - February 8 at 11:10 PM
finance.yahoo.com logoSteve Mandel Invests in Rice Energy (NYSE:RICE)
finance.yahoo.com - February 8 at 11:10 PM
News IconEquity Perception: Analyst's Indicator Review for Rice Energy Inc ... - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 7 at 11:17 PM
News IconHow Does Rice Energy Inc. (RICE) Stack Up Right Now? - StockNewsJournal (NYSE:RICE)
stocknewsjournal.com - February 7 at 11:17 PM
directorstalkinterviews.com logoRice Energy Inc 31% Potential Upside Now Implied by Seaport Global Securities - DirectorsTalk Interviews (NYSE:RICE)
www.directorstalkinterviews.com - February 7 at 8:25 AM
reuters.com logoBRIEF-S. Wil Vanloh reports 9.99 pct passive stake in Rice Energy ... - Reuters (NYSE:RICE)
www.reuters.com - February 7 at 12:40 AM
News IconAverage Brokerage Rating Of Tableau Software, Inc. (DATA), Rice Energy Inc. (RICE) - The USA Commerce (NYSE:RICE)
www.theusacommerce.com - February 7 at 12:40 AM
News IconRice Energy Inc. (RICE) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:RICE)
theusacommerce.com - February 7 at 12:40 AM
News IconGuess Who Just Picked Up Rice Energy Inc. (NYSE:RICE) Shares - Small Cap Exclusive (press release) (NYSE:RICE)
smallcapexclusive.com - February 7 at 12:40 AM

Social

What is Rice Energy's stock symbol?

Rice Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "RICE."

Where is Rice Energy's stock going? Where will Rice Energy's stock price be in 2017?

26 brokers have issued 12-month price objectives for Rice Energy's shares. Their predictions range from $13.00 to $43.00. On average, they expect Rice Energy's stock price to reach $28.95 in the next twelve months.

When will Rice Energy announce their earnings?

Rice Energy is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Rice Energy stock?

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

  • Seaport Global Securities analysts commented, "We expect a fairly large 'data dump' from RICE this quarter as management will likely provide significantly more detail on its FY17 outlook as well as updated type curve assumptions. Regarding its FY17 outlook, we expect RICE to reiterate the preliminary outlook it laid out last quarter (FY17 production of 1,280 MMcfepd-1,355 MMcfepd on D&C spend of $950MM-$1,125MM), along with the number of wells by area, expected lateral lengths and D&C capex assumptions. On that front, we expect management to outline Marcellus and Utica well costs that are well below its current type curve economics of $1,150/ft. and $1,450/ft. in, but above its 2016 expected costs of $800/ft. and $1,250/ft., respectively. And given the operational efficiencies achieved to date, and since RICE has locked in 60%-70% of its service costs in 2017, we believe management will update its current type curve cost assumptions, reflecting significantly improved returns. We also expect management to express confidence that it can successfully execute on ~20K net acres of infill leasing opportunities in Greene County (potentially during 2017 and 2018). We are updating our estimates post our conversation with management. Additionally, we are upgrading our rating to Buy (from Neutral) given RICE's compelling NAV upside and strong multiple compression (FY17 projected EV/EBITDA of 8.3x moves to 5.7x in FY20)." (2/6/2017)
  • According to Zacks Investment Research, "Rice Energy Inc. is involved in the acquisition, exploration and development of natural gas and oil properties primarily in the Appalachian Basin. Rice Energy Inc. is headquartered in Hillpointe Drive, United States. " (11/10/2016)

  • National Securities analysts commented, "Rice’s production declined slightly in 3Q, preceding what we expect to be a significant increase moving forward. Specifically, Rice produced 747.1 million cubic feet equivalent per day (Mmcfe/d) in the quarter, versus our projection of 764.4 Mmcfe/d. We note that this represents a slight (1%), sequential decline, though the company was affected negatively by a 27 Mmcfe/d prior period adjustment. Absent said adjustment, Rice’s production levels would have reached 774 mmcfe/d, exceeding our projections. As it relates to price, Rice earned realized prices of $2.91 per Mcfe in 3Q16, 6% higher than the prior quarter. Additionally, the company exceeded average Henry Hub natural gas prices by 3% during the quarter. As has become customary, the positive spread results from Rice’s hedging strategy and firm transportation portfolio. Looking to 4Q16, we model 971 Mmcfe per day of production, as volumes from the company’s acquisition of Vantage energy begin to take hold. To that end, we currently expect full year 2017 production to reach 1.3 billion cubic feet per day, representing a 67% annual increase.
    We see Rice as both positioned for production growth, and protected from sharp price declines. We note that Rice has not suffered from margin compression, to the same degree as it some of its Appalachian based peers. Importantly, we expect this to continue. We highlight that 85% of Rice’s 2017 production is either hedged above strip, or under contract to be delivered to higher priced regions (i.e. Gulf Coast). Additionally, the 3Q16 acquisition of Vantage Energy provided Rice with 500 additional drilling locations, along with 399 Mmcfe/d of expected future production.
    We reiterate our BUY rating and maintain our $30 price target. We derive our target on the basis of daily production, proved reserves, and projected EBITDA (exhibit 5). In doing so, we arrive at our price of $30 per share, implying 33% additional upside. Additionally, we deduct $4.44 per share for net debt, while adding $2.66 to reflect a working capital surplus. Finally, our $30 price target equates to 8.9x our 2016 discretionary cash flow per share (DCF) estimate of $3.37/share.
    " (11/7/2016)

Who owns Rice Energy stock?

Rice Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Share Andrew L. (14.71%), Viking Global Investors LP (5.53%), FMR LLC (4.65%), State Street Corp (1.85%), Lone Pine Capital LLC (1.84%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own Rice Energy stock include Daniel Rice, James Wilmot Rogers, John Mccartney, Ngp Rice Holdings Llc, Steven C Dixon and Toby Z Rice.

Who sold Rice Energy stock? Who is selling Rice Energy stock?

Rice Energy's stock was sold by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Dimensional Fund Advisors LP, Numeric Investors LLC, Loomis Sayles & Co. L P, JVL Advisors L.L.C., GSA Capital Partners LLP, Tudor Investment Corp Et Al and Commonwealth of Pennsylvania Public School Empls Retrmt SYS. Company insiders that have sold Rice Energy stock in the last year include James Wilmot Rogers and Ngp Rice Holdings Llc.

Who bought Rice Energy stock? Who is buying Rice Energy stock?

Rice Energy's stock was acquired by a variety of institutional investors in the last quarter, including Share Andrew L., Lone Pine Capital LLC, Carlyle Group L.P., Renaissance Technologies LLC, FMR LLC, AQR Capital Management LLC, Discovery Capital Management LLC CT and Thompson Siegel & Walmsley LLC. Company insiders that have bought Rice Energy stock in the last two years include John Mccartney, Steven C Dixon and Toby Z Rice.

How do I buy Rice Energy stock?

Shares of Rice Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Rice Energy stock cost?

One share of Rice Energy stock can currently be purchased for approximately $18.62.

Rice Energy (NYSE:RICE) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Rice Energy (NYSE:RICE)

Earnings History Chart

Earnings by Quarter for Rice Energy (NYSE:RICE)

Dividend History Chart

Dividend Payments by Quarter for Rice Energy (NYSE:RICE)

Last Updated on 2/26/2017 by MarketBeat.com Staff