About Wildhorse Resource Development (NYSE:WRD)
WildHorse Resource Development Corporation is a holding company. The Company is an independent oil and natural gas company. The Company is focused on the acquisition, exploitation, exploration and development of oil, natural gas and natural gas liquid (NGL) resources in the United States. Its assets are characterized by concentrated acreage positions in Southeast Texas and North Louisiana with multiple producing stratigraphic horizons, or stacked pay zones, and single-well rates of return. In Southeast Texas, it operates in Burleson, Lee and Washington Counties where it primarily targets the Eagle Ford Shale (Eagle Ford Acreage), which is an active shale trends in North America. In North Louisiana, the Company operates in and around the Terryville Complex, where it primarily targets the overpressured Cotton Valley play (North Louisiana Acreage). The Company's subsidiaries include WildHorse Resources II, LLC (WildHorse) and Esquisto and Acquisition Co.
Industry, Sector and Symbol
Trailing P/E Ratio45.847329418703
Forward P/E Ratio11.92
Sales & Book Value
Annual Sales$427.19 million
Price / Sales4.23
Cash Flow$2.48 per share
Price / Cash7.22
Book Value$11.32 per share
Price / Book1.58
Net Income$49.88 million
Return on Equity4.31%
Return on Assets2.08%
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) released its earnings results on Wednesday, March, 7th. The oil and natural gas company reported $0.23 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.23. The oil and natural gas company had revenue of $180.24 million for the quarter, compared to analysts' expectations of $166.94 million. Wildhorse Resource Development had a net margin of 11.68% and a return on equity of 4.31%. Wildhorse Resource Development's quarterly revenue was up 359.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.11) EPS. View Wildhorse Resource Development's Earnings History.
When will Wildhorse Resource Development make its next earnings announcement?
Where is Wildhorse Resource Development's stock going? Where will Wildhorse Resource Development's stock price be in 2018?
9 brokers have issued 1-year target prices for Wildhorse Resource Development's stock. Their forecasts range from $18.00 to $31.00. On average, they anticipate Wildhorse Resource Development's share price to reach $23.22 in the next year. View Analyst Ratings for Wildhorse Resource Development.
Are investors shorting Wildhorse Resource Development?
Wildhorse Resource Development saw a decrease in short interest during the month of February. As of February 15th, there was short interest totalling 4,427,104 shares, a decrease of 42.9% from the January 31st total of 7,753,190 shares. Based on an average daily volume of 718,901 shares, the days-to-cover ratio is currently 6.2 days. Approximately 20.6% of the company's shares are short sold.
Who are some of Wildhorse Resource Development's key competitors?
Some companies that are related to Wildhorse Resource Development include PDC Energy (PDCE), Tallgrass Energy GP (TEGP), Matador Resources (MTDR), Chesapeake Energy (CHK), Enerplus (ERF), Whiting Petroleum (WLL), Jagged Peak Energy (JAG), Southwestern Energy (SWN), Viper Energy Partners (VNOM), Oasis Petroleum (OAS), Callon Petroleum (CPE), Kosmos Energy (KOS), Beach Energy (BCHEY), QEP Resources (QEP), Laredo Petroleum (LPI), Extraction Oil & Gas (XOG), FTS International (FTSI) and SM Energy (SM).
Who are Wildhorse Resource Development's key executives?
Wildhorse Resource Development's management team includes the folowing people:
- Jay Carlton Graham, Chairman of the Board, Chief Executive Officer (Age 46)
- Anthony Franklin Bahr, President, Director (Age 47)
- Andrew J. Cozby, Chief Financial Officer, Executive Vice President (Age 50)
- Steve Habachy, Chief Operating Officer, Executive Vice President (Age 38)
- Kyle N. Roane, Executive Vice President, General Counsel and Corporate Secretary (Age 37)
- Brian A. Bernasek, Director (Age 44)
- Martin W. Sumner, Director
- Richard D. Brannon, Independent Director (Age 58)
- Jonathan M. Clarkson, Independent Director (Age 67)
- Scott A. Gieselman, Independent Director (Age 53)
When did Wildhorse Resource Development IPO?
(WRD) raised $550 million in an initial public offering 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.
Has Wildhorse Resource Development been receiving favorable news coverage?
News articles about WRD stock have trended somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wildhorse Resource Development earned a media sentiment score of 0.24 on Accern's scale. They also assigned headlines about the oil and natural gas company an impact score of 47.06 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Wildhorse Resource Development's major shareholders?
Wildhorse Resource Development's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Boston Partners (4.40%), JVL Advisors L.L.C. (3.54%), BlackRock Inc. (2.71%), Ranger Investment Management L.P. (1.89%), Nokomis Capital L.L.C. (0.42%) and American Century Companies Inc. (0.29%). Company insiders that own Wildhorse Resource Development stock include Anthony Franklin Bahr, Jay Carlton Graham, Jonathan M Clarkson and Steve Saad Habachy. 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 American Century Companies Inc., Boston Partners, JVL Advisors L.L.C., Ranger Investment Management L.P., Goldman Sachs Group Inc., Deutsche Bank AG, Guggenheim Capital LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Wildhorse Resource Development.
Which major investors are buying Wildhorse Resource Development stock?
WRD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Nokomis Capital L.L.C., Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., Arrowstreet Capital Limited Partnership, Teachers Advisors LLC, TIAA CREF Investment Management LLC and California State Teachers Retirement System. 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 $17.88.
How big of a company is Wildhorse Resource Development?
Wildhorse Resource Development has a market capitalization of $1.72 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 $0.39 on an earnings per share basis. Wildhorse Resource Development employs 137 workers across the globe.
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 (WRD)MarketBeat's community ratings are surveys of what our community members think about Wildhorse Resource Development and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Wildhorse Resource Development (NYSE:WRD) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.78||2.88||3.00||3.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
11 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$23.22||$22.88||$20.82||$20.22|
|Price Target Upside: ||29.88% upside||35.36% upside||28.51% upside||64.27% upside|
Wildhorse Resource Development (NYSE:WRD) Consensus Price Target History
Wildhorse Resource Development (NYSE:WRD) Analyst Ratings History
(Data available from 3/23/2016 forward)
Wildhorse Resource Development (NYSE:WRD) Earnings History and Estimates Chart
Wildhorse Resource Development (NYSE WRD) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/10/2018|| || || || || || || || |
|3/7/2018||Q4 2017||$0.23||$0.23||$166.94 million||$180.24 million||View||N/A|
|11/8/2017||Q3 2017||$0.08||$0.16||$117.89 million||$122.50 million||View||N/A|
|8/9/2017||Q2 2017||$0.07||$0.06||$68.03 million||$70.20 million||View||Listen|
|5/11/2017||Q1 2017||$0.06||$0.01||$54.45 million||$54.29 million||View||N/A|
|3/29/2017||Q4 2016||$0.06||($0.04)||$39.26 million||View||N/A|
Wildhorse Resource Development (NYSE:WRD) Earnings Estimates
2018 EPS Consensus Estimate: $1.18
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Wildhorse Resource Development (NYSE:WRD)
No dividend announcements for this company have been tracked by MarketBeat.com
Wildhorse Resource Development (NYSE WRD) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.60%
Wildhorse Resource Development (NYSE WRD) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/31/2017||Jay Carlton Graham||CEO||Buy||52,000||$12.09||$628,680.00||841,076|| |
|5/19/2017||Anthony Franklin Bahr||President||Buy||143,526||$12.67||$1,818,474.42||603,289|| |
|5/19/2017||Steve Saad Habachy||Insider||Buy||80,691||$12.40||$1,000,568.40||69,191|| |
|5/18/2017||Jay Carlton Graham||CEO||Buy||40,000||$12.42||$496,800.00||540,000|| |
|5/18/2017||Jonathan M Clarkson||Director||Buy||6,000||$12.51||$75,060.00||16,000|| |
|12/19/2016||Anthony Franklin Bahr||President||Buy||500,000||$15.00||$7,500,000.00||500,000|| |
Wildhorse Resource Development (NYSE WRD) News Headlines
Wildhorse Resource Development (NYSE:WRD) SEC Filings
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Wildhorse Resource Development (NYSE:WRD) Income Statement, Balance Sheet and Cash Flow Statement
Wildhorse Resource Development (NYSE WRD) Stock Chart for Friday, March, 23, 2018