|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||32.99 - 33.83|
|52 Week Range||23.64 - 38.64|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.61|
The EIA (U.S. Energy Information Administration) estimates that US crude oil output rose by 100,000 bpd (barrels per day) to 11,000,000 bpd last week, a record high. It was 1,571,000 bpd (~16.6%) higher YoY (year-over-year).
Losses were broad based as eight out of nine sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following Independent Oil & Gas stocks: Pioneer Natural Resources Co. (NYSE: PXD), Resolute Energy Corp. (NYSE: REN), SM Energy Co. (NYSE: SM), and VAALCO Energy Inc. (NYSE: EGY).
DENVER, June 20, 2018-- Resolute Energy Corporation today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred ...
The exchange offer expired at 5:00 p.m. New York City time on June 7, 2018. As of the expiration date, $75,000,000 in aggregate principal amount, or 100% of the Old Notes had been validly tendered for exchange and not withdrawn. This press release is for informational purposes only and is neither an offer to exchange, nor a solicitation of an offer to sell, the Exchange Notes or any other securities, and shall not constitute an offer, solicitation or sale to holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
The EIA (U.S. Energy Information Administration) released its weekly US crude oil production data on June 6. It reported that US crude oil production increased 31,000 bpd (barrels per day) to a record high of 10.8 MMbbls/d (million barrels per day) from May 25 to June 1. Production increased 1.5 MMbbls/d, or ~15.9% year-over-year.
On May 22, the crude oil production at the Libyan Arabian Gulf Oil Company declined to ~145,000 bpd (barrels per day) from ~260,000 bpd, according to Bloomberg. The production declined due to the hot weather in Libya. The production could start again when the weather normalizes. Supply outages are usually bullish for crude oil prices.
The EIA estimates that Libya’s crude oil production increased by 20,000 bpd to 1,005,000 bpd in April—compared to the previous month. The production also increased by 470,000 bpd or 88% year-over-year.
Resolute Energy Corporation (“Resolute” or the “Company”) (REN) today announced that it has appointed three new outside directors, determined to seek stockholder approval of a proposal to declassify its Board of Directors and reached a settlement with Monarch Alternative Capital LP. In addition, as part of its ongoing effort to enhance stockholder value, the expanded Resolute Board will promptly conduct an in-depth review, assisted by its financial advisers, Goldman Sachs & Co. LLC and Petrie Partners, LLC, of Resolute’s business plan, competitive positioning and any potential strategic alternatives that will enhance the Company’s goal of creating stockholder value.
According to the EIA, the monthly US crude production increased by 260,000 bpd (barrels per day) to a record high of 10,264,000 bpd in February—compared to the previous month. US crude oil production increased by 1,206,000 bpd or 13.3% year-over-year.
Resolute Energy Corporation (the “Company” or “Resolute”) (REN) announced today that it has commenced a registered exchange offer (the “Exchange Offer”) to exchange up to $75,000,000 aggregate principal amount of its 8.50% Senior Notes due 2020 which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for up to $75,000,000 of its outstanding unregistered 8.50% Senior Notes due 2020, which were issued on April 9, 2018 (the “Old Notes”). The sole purpose of the Exchange Offer is to fulfill the Company’s obligations pursuant to a registration rights agreement entered into by the Company in connection with the sale of the Old Notes.
On a per-share basis, the Denver-based company said it had a loss of 64 cents. Earnings, adjusted for non-recurring costs, came to 14 cents per share. The results did not meet Wall Street expectations. ...
DENVER, May 07, 2018-- Resolute Energy Corporation today reported financial and operating results for the quarter ended March 31, 2018.. First quarter Permian Basin production increased 70 percent year-over-year ...
Assessing Resolute Energy Corporation’s (NYSE:REN) past track record of performance is a valuable exercise for investors. It enables us to reflect on whether the company has met or exceed expectations,Read More...
DENVER, May 01, 2018-- Resolute Energy Corporation announced today that it will issue a press release covering operating and financial results for the first quarter ended March 31, 2018, after the market ...
NEW YORK, April 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Oil prices have been volatile this week on rising geopolitical tensions among some of the largest global oil producers. Investors who would like exposure to the exploration and production space without ...
Stock Monitor: Resolute Energy Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 11, 2018 / Active-Investors.com has just released a free earnings report on Range Resources Corp. (NYSE: RRC ). If ...
Moody's Investors Service, ("Moody's") said that Resolute Energy Corporation's (Resolute) proposed $75 million 8.50% senior unsecured notes due 2020 (Add-on notes) will not affect the company's ...
NEW YORK, NY / ACCESSWIRE / March 13, 2018 / Resolute Energy Corporation (NYSE: REN ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 13, 2018, at 10:00 AM Eastern ...