Media coverage about Resolute Energy Corporation (NYSE:REN) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Resolute Energy Corporation earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the oil and gas exploration company an impact score of 46.2044405409536 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Noteworthy Tuesday Option Activity: REN, DAL, TSRO (nasdaq.com)
- Resolute Energy Corp. breached its 50 day moving average in a Bearish Manner : REN-US : October 9, 2017 (finance.yahoo.com)
- Resolute Energy Corporation Com (NYSE:REN) Experiences Lighter than Average Trading Volume – First News 24 (firstnewspaper24.com)
- Buy stock rating to see: Resolute Energy Corporation (REN) – Street Observer (press release) (streetobserver.com)
- Resolute Energy Corporation (REN) registers a price change of -2.57% while IBERIABANK Corporation (IBKC) finishes … – Stocks Gallery (stocksgallery.com)
REN has been the topic of a number of research analyst reports. Imperial Capital reiterated a “buy” rating and set a $50.00 target price on shares of Resolute Energy Corporation in a research report on Monday, September 18th. KLR Group reiterated a “buy” rating and set a $64.00 target price (up previously from $60.00) on shares of Resolute Energy Corporation in a research report on Friday, September 15th. Northland Securities set a $60.00 price target on Resolute Energy Corporation and gave the company a “buy” rating in a research report on Monday, July 17th. BMO Capital Markets set a $38.00 price target on Resolute Energy Corporation and gave the company a “buy” rating in a research report on Monday, June 26th. Finally, Zacks Investment Research upgraded Resolute Energy Corporation from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 12th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $48.48.
Shares of Resolute Energy Corporation (NYSE REN) traded down 1.25% during trading on Thursday, reaching $29.28. The company had a trading volume of 140,736 shares. The stock’s market capitalization is $645.83 million. The stock has a 50 day moving average of $28.72 and a 200 day moving average of $33.89. Resolute Energy Corporation has a 52-week low of $22.27 and a 52-week high of $49.14.
Resolute Energy Corporation (NYSE:REN) last released its quarterly earnings data on Monday, August 7th. The oil and gas exploration company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.25. The business had revenue of $71.06 million for the quarter, compared to analyst estimates of $77.09 million. Resolute Energy Corporation’s revenue was up 100.8% compared to the same quarter last year. During the same quarter last year, the company earned ($2.44) EPS. Equities research analysts forecast that Resolute Energy Corporation will post $1.08 EPS for the current year.
In other Resolute Energy Corporation news, Director James E. Duffy sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $30.44, for a total value of $76,100.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.30% of the stock is currently owned by company insiders.
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About Resolute Energy Corporation
Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The Company’s assets are located primarily in the Delaware Basin in west Texas (the Permian Properties or Permian Basin Properties) and Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field).
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