RSP Permian (RSPP) Receives News Impact Score of 0.13

Media stories about RSP Permian (NYSE:RSPP) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative 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 negative one to one, with scores nearest to one being the most favorable. RSP Permian earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the oil and natural gas company an impact score of 46.2025371072796 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

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Several brokerages have recently issued reports on RSPP. Northland Securities lowered RSP Permian from an “outperform” rating to a “hold” rating and set a $50.00 price target on the stock. in a research note on Thursday, March 29th. Stephens set a $69.00 price target on RSP Permian and gave the company a “buy” rating in a research note on Tuesday. Stifel Nicolaus set a $48.00 price target on RSP Permian and gave the company a “hold” rating in a research note on Tuesday. Jefferies Group lowered RSP Permian from a “buy” rating to a “hold” rating and set a $51.00 price target on the stock. in a research note on Thursday, March 29th. Finally, Goldman Sachs lowered RSP Permian from a “conviction-buy” rating to a “neutral” rating and set a $63.00 price target on the stock. in a research note on Thursday, March 29th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $51.22.



RSPP stock traded down $1.59 during midday trading on Tuesday, reaching $47.51. 1,714,976 shares of the stock were exchanged, compared to its average volume of 3,559,798. The firm has a market capitalization of $7,803.06, a P/E ratio of 57.94, a P/E/G ratio of 0.65 and a beta of 1.66. RSP Permian has a 52 week low of $28.76 and a 52 week high of $50.00. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.35.

RSP Permian (NYSE:RSPP) last released its quarterly earnings results on Tuesday, February 27th. The oil and natural gas company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. RSP Permian had a return on equity of 3.07% and a net margin of 28.88%. The firm had revenue of $249.02 million for the quarter, compared to analyst estimates of $246.71 million. equities research analysts expect that RSP Permian will post 2.27 EPS for the current fiscal year.

In other RSP Permian news, insider Wallace Family Partnership, Lp sold 62,500 shares of the company’s stock in a transaction dated Wednesday, April 18th. The stock was sold at an average price of $48.95, for a total value of $3,059,375.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 15.00% of the company’s stock.

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RSP Permian Company Profile

RSP Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. It owns interest in contiguous acreage blocks in the core of the Midland Basin primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock; and in Loving and Winkler counties of the Delaware Basin.

Insider Buying and Selling by Quarter for RSP Permian (NYSE:RSPP)

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