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

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$16.97 0.00 (0.00 %)
(As of 02/26/2019)
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

EmployeesN/A
Market Cap$1.73 billion
Next Earnings DateN/A
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) released its quarterly earnings results on Tuesday, August, 7th. The oil and natural gas company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.11. The oil and natural gas company earned $225.41 million during the quarter, compared to analysts' expectations of $204.16 million. Wildhorse Resource Development had a negative net margin of 11.80% and a positive return on equity of 14.16%. View Wildhorse Resource Development's Earnings History.

What price target have analysts set for WRD?

7 analysts have issued twelve-month target prices for Wildhorse Resource Development's shares. Their forecasts range from $24.00 to $42.00. On average, they expect Wildhorse Resource Development's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 100.4% from the stock's current price. View Analyst Price Targets for Wildhorse Resource Development.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wildhorse Resource Development in the last year. There are currently 2 hold ratings and 5 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 been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Wildhorse Resource Development earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the oil and natural gas company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near future.

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), Gran Tierra Energy (GTE) and Transocean (RIG).

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 IPO on Wednesday, December 14th 2016. The company issued 27,500,000 shares at $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 retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.96%), Dimensional Fund Advisors LP (1.96%), BlackRock Inc. (1.78%), Ranger Investment Management L.P. (1.52%), Fiera Capital Corp (1.25%) and FMR LLC (1.15%). 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., FMR LLC, Two Sigma Investments LP, Ranger Investment Management L.P., Columbia Pacific Advisors LLC, Two Sigma Advisers LP and Squarepoint Ops LLC. 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 Norges Bank. 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.

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:  199 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  314
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 3/22/2019 by MarketBeat.com Staff

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