NYSE:WRD - Wildhorse Resource Development Stock Price, News, & Analysis

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$16.69 -0.36 (-2.11 %)
(As of 12/12/2018 01:59 AM ET)
Previous Close$17.05
Today's Range$16.67 - $17.57
52-Week Range$15.25 - $29.67
Volume2.41 million shs
Average Volume1.25 million shs
Market Capitalization$1.78 billion
P/E Ratio38.81
Dividend YieldN/A
Beta0.01
WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, exploitation, development, and production of oil, natural gas, and natural gas liquid resources. The company primarily holds interests in the Eagle Ford Shale in East Texas and the overpressured Cotton Valley formation in North Louisiana. As of December 31, 2017, it had a total leasehold position of approximately 387,091 net acres in the Eagle Ford Shale and 90,062 net acres in overpressured Cotton Valley formation, as well as 454.3 million barrels of oil equivalent of total proved reserves. The company was founded in 2013 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:WRD
Previous Symbol
CUSIPN/A
Phone713-568-4910

Debt

Debt-to-Equity Ratio1.06
Current Ratio0.32
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio38.81
Forward P/E Ratio9.32
P/E GrowthN/A

Sales & Book Value

Annual Sales$427.19 million
Price / Sales3.99
Cash Flow$2.2493 per share
Price / Cash Flow7.42
Book Value$11.32 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$0.43
Net Income$49.88 million
Net Margins-11.80%
Return on Equity14.16%
Return on Assets5.28%

Miscellaneous

Employees137
Outstanding Shares102,000,000
Market Cap$1.78 billion
OptionableOptionable

Wildhorse Resource Development (NYSE:WRD) Frequently Asked Questions

What is Wildhorse Resource Development's stock symbol?

Wildhorse Resource Development trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRD."

How were Wildhorse Resource Development's earnings last quarter?

Wildhorse Resource Development Corp (NYSE:WRD) announced its earnings results on Wednesday, November, 7th. The oil and natural gas company reported $0.38 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.07. The oil and natural gas company had revenue of $259.50 million for the quarter, compared to the consensus estimate of $226.05 million. Wildhorse Resource Development had a positive return on equity of 14.16% and a negative net margin of 11.80%. Wildhorse Resource Development's revenue for the quarter was up 111.8% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. View Wildhorse Resource Development's Earnings History.

When is Wildhorse Resource Development's next earnings date?

Wildhorse Resource Development is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for Wildhorse Resource Development.

What price target have analysts set for WRD?

10 Wall Street analysts have issued 1 year target prices for Wildhorse Resource Development's shares. Their predictions range from $19.00 to $42.00. On average, they anticipate Wildhorse Resource Development's stock price to reach $29.3750 in the next twelve months. This suggests a possible upside of 76.0% from the stock's current price. View Analyst Price Targets for Wildhorse Resource Development.

What is the consensus analysts' recommendation for Wildhorse Resource Development?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wildhorse Resource Development in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wildhorse Resource Development.

Has Wildhorse Resource Development been receiving favorable news coverage?

Press coverage about WRD stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wildhorse Resource Development earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Wildhorse Resource Development's key competitors?

Who are Wildhorse Resource Development's key executives?

Wildhorse Resource Development's management team includes the folowing people:
  • Mr. Jay Carlton Graham, Chairman & CEO (Age 48)
  • Mr. Anthony Franklin Bahr, Pres & Director (Age 49)
  • Mr. Andrew J. Cozby, Exec. VP & CFO (Age 51)
  • Mr. Steve Saad Habachy, COO & Exec. VP (Age 40)
  • Mr. Kyle N. Roane, Exec. VP, Gen. Counsel & Corp. Sec. (Age 39)

When did Wildhorse Resource Development IPO?

(WRD) raised $550 million in an initial public offering (IPO) on Wednesday, December 14th 2016. The company issued 27,500,000 shares at a price of $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, BMO Capital Markets, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Guggenheim Securities, J.P. Morgan, Raymond James, Simmons & Company International Energy Specialists of Piper Jaffray, Tudor, Pickering, Holt, Capital One Securities, Comerica Securities, Scotia Howard Weil and Wunderlich were co-managers.

Who are Wildhorse Resource Development's major shareholders?

Wildhorse Resource Development's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.47%), FMR LLC (2.37%), Caymus Capital Partners L.P. (1.92%), Dimensional Fund Advisors LP (1.89%), BlackRock Inc. (1.82%) and JVL Advisors L.L.C. (1.73%). Company insiders that own Wildhorse Resource Development stock include Anthony Franklin Bahr, Jay Carlton Graham, Jonathan M Clarkson, Steve Saad Habachy and Terence W Lynch. View Institutional Ownership Trends for Wildhorse Resource Development.

Which major investors are selling Wildhorse Resource Development stock?

WRD stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Morgan Stanley, Prudential Financial Inc., Engineers Gate Manager LP, JVL Advisors L.L.C., Jane Street Group LLC and Tealwood Asset Management Inc.. Company insiders that have sold Wildhorse Resource Development company stock in the last year include Steve Saad Habachy and Terence W Lynch. View Insider Buying and Selling for Wildhorse Resource Development.

Which major investors are buying Wildhorse Resource Development stock?

WRD stock was acquired by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Dimensional Fund Advisors LP, Mesirow Financial Investment Management Equity Management, Chartwell Investment Partners LLC, Allianz Asset Management GmbH, Vanguard Group Inc., American Century Companies Inc. and Icon Advisers Inc. Co.. Company insiders that have bought Wildhorse Resource Development stock in the last two years include Anthony Franklin Bahr, Jay Carlton Graham, Jonathan M Clarkson and Steve Saad Habachy. View Insider Buying and Selling for Wildhorse Resource Development.

How do I buy shares of Wildhorse Resource Development?

Shares of WRD 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 Wildhorse Resource Development's stock price today?

One share of WRD stock can currently be purchased for approximately $16.69.

How big of a company is Wildhorse Resource Development?

Wildhorse Resource Development has a market capitalization of $1.78 billion and generates $427.19 million in revenue each year. The oil and natural gas company earns $49.88 million in net income (profit) each year or $0.43 on an earnings per share basis. Wildhorse Resource Development employs 137 workers across the globe.

What is Wildhorse Resource Development's official website?

The official website for Wildhorse Resource Development is http://www.wildhorserd.com.

How can I contact Wildhorse Resource Development?

Wildhorse Resource Development's mailing address is 9805 KATY FREEWAY SUITE 400, HOUSTON TX, 77024. The oil and natural gas company can be reached via phone at 713-568-4910 or via email at [email protected]


MarketBeat Community Rating for Wildhorse Resource Development (NYSE WRD)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  284
MarketBeat's community ratings are surveys of what our community members think about Wildhorse Resource Development and other stocks. Vote "Outperform" if you believe WRD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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