49.14 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||21.30 x 100|
|Ask||54.04 x 100|
|Day's Range||48.67 - 50.00|
|52 Week Range||28.76 - 50.00|
|PE Ratio (TTM)||32.98|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||52.71|
After the Concho Resources-RSP Permian hookup, Callon Petroleum and Lilis Energy could be next to be swallowed up but potential buyers may be few.
Between April 4 and April 11, 2018, our list of oil-weighted stocks rose 8.2%, which was 2.8% more than the rise in US crude oil May futures. In the past five trading sessions, the oil-weighted stocks with the largest gains were: California Resources (CRC): rose 21.4% Carrizo Oil & Gas (CRZO): rose 12.1% Whiting Petroleum (WLL): rose 11.5%
On April 11, 2018, US crude oil May futures rose 2.0% and closed at $66.82 per barrel—the highest closing level for US crude oil active futures since December 2, 2014. On the same day, Brent crude oil June futures closed at $72.06 per barrel—the highest closing level for Brent crude oil active futures since December 1, 2014.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of RSP Permian, Inc. to Concho Resources Inc.
The Law Offices of Vincent Wong are investigating the Board of Directors of RSP Permian, Inc. for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Concho Resources Inc.
Concho Resources is poised to become the biggest Permian Basin driller by purchasing RSP Permian, but its stock is selling off.
The Zacks Analyst Blog Highlights: Comtech Concho Resources, RSP Permian, EOG Resources, Pioneer Natural Resources and Energen
Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of RSP Permian, Inc. concerning the acquisition by Concho Resources Inc.
The Permian Shale, which is spread over roughly 75,000 square miles of western Texas and southeastern New Mexico, is believed to hold enough oil to feed all the domestic refineries for 12 years.
FORT WORTH, Texas, April 3, 2018 /PRNewswire/ -- Kimbell Royalty GP, LLC, the general partner of Kimbell Royalty Partners, LP (KRP) ("Kimbell Royalty Partners"), announced today the appointment of Dallas-based energy executive Erik B. Daugbjerg as an independent director. "In his role as a co-founder and senior executive of RSP Permian, Inc. – which is one of the most active and successful exploration and production companies working in the Permian Basin today – he has helped manage more than $4 billion of acquisitions and nearly $6 billion of financings since the inception of the company.
Instead of buying drillable land, Permian Basin producers could soon have the urge to merge.
A recent drought in oil company mergers and acquisitions could be coming to an end over a new Texas range war: U.S. shale producers are building miles-long horizontal wells that are running into their rivals' land holdings. This week, U.S. shale producer Concho Resources Inc said longer horizontal wells are among the factors spurring its $8 billion deal for rival RSP Permian Inc, with well spacing and sharing infrastructure needs also playing roles.
A recent drought in oil company mergers and acquisitions could be coming to an end over a new Texas range war: U.S. shale producers are building miles-long horizontal wells that are running into their rivals' land holdings. This week, U.S. shale producer Concho Resources Inc (CXO.N) said longer horizontal wells are among the factors spurring its $8 billion deal for rival RSP Permian Inc (RSPP.N), with well spacing and sharing infrastructure needs also playing roles. RSP Permian controlled the land adjacent to its own in many cases.
While investors gave this oil stock a thumbs down this week after the company announced a stunning move, several analysts think that was a mistake.
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of RSP Permian, Inc.
Concho Resources has struck a deal to acquire RSP Permian for $9.5 billion in an all-stock deal, that is the biggest in the sector since 2012
The following statement is being issued by Levi & Korsinsky, LLP: