RSP Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. It owns interest in contiguous acreage blocks in the core of the Midland Basin primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock; and in Loving and Winkler counties of the Delaware Basin. RSP Permian, Inc. was founded in 2010 and is headquartered in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:RSPP
CUSIPN/A
Phone214-252-2700
Debt
Debt-to-Equity Ratio0.36
Current Ratio0.77
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio58.33
Forward P/E Ratio20.89
P/E Growth0.62
Sales & Book Value
Annual Sales$803.71 million
Price / Sales9.49
Cash Flow$2.6009 per share
Price / Cash18.39
Book Value$27.25 per share
Price / Book1.76
Profitability
EPS (Most Recent Fiscal Year)$0.82
Net Income$232.13 million
Net Margins31.07%
Return on Equity4.30%
Return on Assets2.95%
Miscellaneous
Employees180
Outstanding Shares159,420,000
Market Cap$7.63 billion
RSP Permian (NYSE:RSPP) Frequently Asked Questions
What is RSP Permian's stock symbol?
RSP Permian trades on the New York Stock Exchange (NYSE) under the ticker symbol "RSPP."
How were RSP Permian's earnings last quarter?
RSP Permian Inc (NYSE:RSPP) posted its quarterly earnings results on Wednesday, May, 2nd. The oil and natural gas company reported $0.50 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.50. The oil and natural gas company earned $276.32 million during the quarter, compared to analysts' expectations of $279.97 million. RSP Permian had a return on equity of 4.30% and a net margin of 31.07%. The company's revenue was up 62.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 earnings per share. View RSP Permian's Earnings History.
What price target have analysts set for RSPP?
24 Wall Street analysts have issued 1-year price objectives for RSP Permian's shares. Their predictions range from $43.00 to $69.00. On average, they anticipate RSP Permian's stock price to reach $52.5263 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for RSP Permian.
What is the consensus analysts' recommendation for RSP Permian?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RSP Permian in the last year. There are currently 10 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for RSP Permian.
Who are some of RSP Permian's key competitors?
Some companies that are related to RSP Permian include Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), GALP ENERGIA SG/ADR (GLPEY), Noble Energy (NBL), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), EQT (EQT), Encana (ECA), Cenovus Energy (CVE) and TORAY INDUSTRIE/ADR (TRYIY).
Who are RSP Permian's key executives?
RSP Permian's management team includes the folowing people:
- Mr. Steven D. Gray, Co Founder, Chief Exec. Officer and Director (Age 59)
- Mr. Zane W. Arrott, Co Founder and Chief Operating Officer (Age 60)
- Mr. Erik B. Daugbjerg, Co Founder and Exec. VP of Land & Bus. Devel. (Age 48)
- Mr. William Huck, Co Founder & Exec. VP of Operations (Age 63)
- Mr. Scott K. McNeill, CFO & Director (Age 47)
Has RSP Permian been receiving favorable news coverage?
Press coverage about RSPP stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty 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. RSP Permian earned a coverage optimism score of 0.11 on Accern's scale. They also gave media coverage about the oil and natural gas company an impact score of 46.87 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for RSP Permian.
Who are RSP Permian's major shareholders?
RSP Permian's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.86%), Eagle Asset Management Inc. (2.92%), Carillon Tower Advisers Inc. (2.37%), Dimensional Fund Advisors LP (2.18%), FMR LLC (1.80%) and Wells Fargo & Company MN (1.74%). Company insiders that own RSP Permian stock include Erik B Daugbjerg, James E Mutrie, Richard A Kayne, Scott K Mcneill, Steven D Gray, Ted Collins Jr, Wallace Family Partnership, Lp, William Huck and Zane W Arrott. View Institutional Ownership Trends for RSP Permian.
Which major investors are selling RSP Permian stock?
RSPP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Boston Partners, Victory Capital Management Inc., FMR LLC, Artisan Partners Limited Partnership, Bank of America Corp DE, Tortoise Capital Advisors L.L.C. and Wells Fargo & Company MN. Company insiders that have sold RSP Permian company stock in the last year include Erik B Daugbjerg, James E Mutrie, Scott K Mcneill, Ted Collins Jr and Wallace Family Partnership, Lp. View Insider Buying and Selling for RSP Permian.
Which major investors are buying RSP Permian stock?
RSPP stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Natixis, Gardner Lewis Asset Management L P, Omni Partners LLP, SG Americas Securities LLC, IndexIQ Advisors LLC, BlackRock Inc. and Water Island Capital LLC. View Insider Buying and Selling for RSP Permian.
How do I buy shares of RSP Permian?
Shares of RSPP 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 RSP Permian's stock price today?
One share of RSPP stock can currently be purchased for approximately $47.83.
How big of a company is RSP Permian?
RSP Permian has a market capitalization of $7.63 billion and generates $803.71 million in revenue each year. The oil and natural gas company earns $232.13 million in net income (profit) each year or $0.82 on an earnings per share basis. RSP Permian employs 180 workers across the globe.
How can I contact RSP Permian?
RSP Permian's mailing address is 3141 HOOD STREET SUITE 500, DALLAS TX, 75219. The oil and natural gas company can be reached via phone at 214-252-2700 or via email at [email protected]
MarketBeat Community Rating for RSP Permian (NYSE RSPP)
MarketBeat's community ratings are surveys of what our community members think about RSP Permian and other stocks. Vote "Outperform" if you believe RSPP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RSPP will underperform the S&P 500 over the long term. You may vote once every thirty days.
