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

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$16.97 0.00 (0.00 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$16.97
Today's Range$16.97 - $16.97
52-Week Range$12.01 - $29.67
VolumeN/A
Average Volume1.89 million shs
Market Capitalization$1.73 billion
P/E Ratio39.47
Dividend YieldN/A
Beta1.26
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

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone713-568-4910

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$427.19 million
Cash Flow$2.3569 per share
Book Value$11.32 per share

Profitability

Net Income$49.88 million

Miscellaneous

Employees137
Market Cap$1.73 billion
Next Earnings Date3/6/2019 (Estimated)
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) posted its quarterly earnings results on Tuesday, August, 7th. The oil and natural gas company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.11. The oil and natural gas company had revenue of $225.41 million for the quarter, compared to analyst estimates of $204.16 million. Wildhorse Resource Development had a positive return on equity of 14.16% and a negative net margin of 11.80%. 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?

9 brokerages have issued 12 month price targets for Wildhorse Resource Development's stock. Their forecasts range from $20.00 to $42.00. On average, they anticipate Wildhorse Resource Development's share price to reach $31.00 in the next year. This suggests a possible upside of 82.7% from the stock's current price. View Analyst Price Targets for Wildhorse Resource Development.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wildhorse Resource Development in the last year. There are currently 3 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 negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wildhorse Resource Development earned a news impact score of -2.1 on InfoTrie's scale. They also gave media stories about the oil and natural gas company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Wildhorse Resource Development?

Wildhorse Resource Development saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 8,792,897 shares, an increase of 48.7% from the January 15th total of 5,914,702 shares. Based on an average daily trading volume, of 2,529,196 shares, the short-interest ratio is presently 3.5 days. Approximately 8.7% of the shares of the stock are short sold. View Wildhorse Resource Development's Current Options Chain.

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

What other stocks do shareholders of Wildhorse Resource Development own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wildhorse Resource Development investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Transocean (RIG) and Gran Tierra Energy (GTE).

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 49)
  • Mr. Anthony Franklin Bahr, Pres & Director (Age 50)
  • Mr. Andrew J. Cozby, Exec. VP & CFO (Age 52)
  • Mr. Steve Saad Habachy, COO & Exec. VP (Age 41)
  • Mr. Kyle N. Roane, Exec. VP, Gen. Counsel & Corp. Sec. (Age 40)

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 served 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 a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.96%), BlackRock Inc. (1.78%), Ranger Investment Management L.P. (1.52%), Fiera Capital Corp (1.25%), Alpine Associates Management Inc. (0.87%) and Nomura Holdings Inc. (0.50%). 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 institutional investors are selling Wildhorse Resource Development stock?

WRD stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, JVL Advisors L.L.C., Two Sigma Investments LP, Ranger Investment Management L.P., Columbia Pacific Advisors LLC, Two Sigma Advisers LP, Squarepoint Ops LLC and Raymond James & Associates. 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 institutional investors are buying Wildhorse Resource Development stock?

WRD stock was acquired by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Alpine Associates Management Inc., Nomura Holdings Inc., Water Island Capital LLC, SG Americas Securities LLC, Citigroup Inc., IndexIQ Advisors LLC and ARP Americas LP. 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 $16.97.

How big of a company is Wildhorse Resource Development?

Wildhorse Resource Development has a market capitalization of $1.73 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:  193 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  305
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 2/23/2019 by MarketBeat.com Staff

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