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
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 Ratio50.57
Forward P/E Ratio17.93
P/E Growth0.52
Sales & Book Value
Annual Sales$803.71 million
Price / Sales8.29
Cash Flow$2.6611 per share
Price / Cash15.70
Book Value$27.25 per share
Price / Book1.53
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
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) issued its earnings results on Wednesday, May, 2nd. The oil and natural gas company reported $0.50 EPS 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%. RSP Permian's revenue was up 62.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. View RSP Permian's Earnings History.
When is RSP Permian's next earnings date?
What price target have analysts set for RSPP?
24 equities research analysts have issued 12 month price targets for RSP Permian's stock. Their forecasts range from $43.00 to $69.00. On average, they expect RSP Permian's stock price to reach $52.15 in the next twelve months. View Analyst Ratings for RSP Permian.
Who are some of RSP Permian's key competitors?
Some companies that are related to RSP Permian include WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), Rwe Ag Sp (RWEOY), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Diamondback Energy (FANG), Encana (ECA) and Cenovus Energy (CVE).
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?
News articles about RSPP stock have been trending positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. RSP Permian earned a media sentiment score of 0.26 on Accern's scale. They also gave media coverage about the oil and natural gas company an impact score of 42.91 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are RSP Permian's major shareholders?
RSP Permian's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.54%), Eagle Asset Management Inc. (3.05%), Boston Partners (2.89%), Millennium Management LLC (2.68%), Dimensional Fund Advisors LP (2.18%) and Carillon Tower Advisers Inc. (2.18%). Company insiders that own RSP Permian stock include Erik B Daugbjerg, James E Mutrie, Kenneth V Huseman, 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 institutional investors are selling RSP Permian stock?
RSPP stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Westwood Holdings Group Inc., Caymus Capital Partners L.P., Precocity Capital LP, Royal Bank of Canada, CI Investments Inc., Millennium Management LLC and Victory Capital Management Inc.. 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, Wallace Family Partnership, Lp and Zane W Arrott. View Insider Buying and Selling for RSP Permian.
Which institutional investors are buying RSP Permian stock?
RSPP stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, Scout Investments Inc., Neuberger Berman Group LLC, Eagle Asset Management Inc., Carillon Tower Advisers Inc., State of Wisconsin Investment Board, Chicago Capital Management LLC and Vivaldi Asset Management LLC. Company insiders that have bought RSP Permian stock in the last two years include Kenneth V Huseman and Steven D Gray. 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 $41.78.
How big of a company is RSP Permian?
RSP Permian has a market capitalization of $6.51 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 (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.
