About Wildhorse Resource Development (NYSE:WRD)
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.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Trailing P/E Ratio56.74
Forward P/E Ratio13.86
Sales & Book Value
Annual Sales$427.19 million
Price / Sales5.78
Cash Flow$2.3759 per share
Price / Cash10.27
Book Value$11.32 per share
Price / Book2.16
EPS (Most Recent Fiscal Year)$0.43
Net Income$49.88 million
Return on Equity8.35%
Return on Assets3.61%
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 data on Wednesday, May, 9th. The oil and natural gas company reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.11. The oil and natural gas company earned $218.80 million during the quarter, compared to the consensus estimate of $183.24 million. Wildhorse Resource Development had a negative net margin of 14.56% and a positive return on equity of 8.35%. The company's quarterly revenue was up 303.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 EPS. View Wildhorse Resource Development's Earnings History.
When is Wildhorse Resource Development's next earnings date?
What price target have analysts set for WRD?
9 analysts have issued 1 year price targets 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 $23.2222 in the next twelve months. View Analyst Ratings for Wildhorse Resource Development.
Who are some of Wildhorse Resource Development's key competitors?
Some companies that are related to Wildhorse Resource Development include Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR), Energen (EGN), Murphy Oil (MUR), Newfield Exploration (NFX), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC), Crescent Point Energy (CPG) and Oasis Petroleum (OAS).
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. Andrew J. Cozby, Exec. VP & CFO (Age 51)
- Mr. Kyle N. Roane, Exec. VP, Gen. Counsel & Corp. Sec. (Age 39)
- Mr. Anthony Franklin Bahr, Pres & Director (Age 49)
- Mr. Steve Saad Habachy, COO & Exec. VP (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 $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.
Has Wildhorse Resource Development been receiving favorable news coverage?
Headlines about WRD stock have trended somewhat positive on Monday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wildhorse Resource Development earned a coverage optimism score of 0.18 on Accern's scale. They also gave press coverage about the oil and natural gas company an impact score of 45.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Wildhorse Resource Development's major shareholders?
Wildhorse Resource Development's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Boston Partners (3.87%), JVL Advisors L.L.C. (2.84%), BlackRock Inc. (2.71%), Caymus Capital Partners L.P. (0.77%), Allianz Asset Management GmbH (0.66%) and Allianz Asset Management GmbH (0.66%). 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 JVL Advisors L.L.C., Boston Partners, Nokomis Capital L.L.C., UBS Group AG, FIL Ltd, Guggenheim Capital LLC, GSA Capital Partners LLP and Citigroup 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 bought by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, Millennium Management LLC, Point72 Asset Management L.P., Caymus Capital Partners L.P., JPMorgan Chase & Co., Dimensional Fund Advisors LP and Cornercap Investment Counsel Inc.. 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 $24.40.
How big of a company is Wildhorse Resource Development?
Wildhorse Resource Development has a market capitalization of $2.45 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.
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 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.