News headlines about Resolute Energy (NYSE:REN) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Resolute Energy earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the oil and gas exploration company an impact score of 50.2105949674717 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Accern’s scoring:
REN stock opened at $32.24 on Friday. The company has a debt-to-equity ratio of -7.40, a quick ratio of 0.48 and a current ratio of 0.48. Resolute Energy has a 12-month low of $23.64 and a 12-month high of $44.44. The stock has a market capitalization of $725.53, a P/E ratio of 537.33 and a beta of 3.22.
Resolute Energy (NYSE:REN) last posted its quarterly earnings data on Monday, March 12th. The oil and gas exploration company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.02. Resolute Energy had a negative return on equity of 25.97% and a negative net margin of 1.23%. The company had revenue of $89.23 million for the quarter, compared to analysts’ expectations of $87.71 million. During the same period in the previous year, the firm posted ($1.23) EPS. Resolute Energy’s revenue was up 10.1% compared to the same quarter last year. analysts expect that Resolute Energy will post 3.99 earnings per share for the current year.
A number of equities research analysts have recently commented on REN shares. Zacks Investment Research upgraded Resolute Energy from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research report on Tuesday, January 16th. Barclays reiterated a “buy” rating and issued a $36.00 price objective on shares of Resolute Energy in a report on Sunday, December 24th. SunTrust Banks set a $44.00 price objective on Resolute Energy and gave the stock a “buy” rating in a report on Wednesday, March 14th. B. Riley initiated coverage on Resolute Energy in a report on Monday, February 5th. They issued a “neutral” rating and a $39.00 price objective on the stock. Finally, ValuEngine upgraded Resolute Energy from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $43.11.
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Resolute Energy Company Profile
Resolute Energy Corporation, an independent oil and gas company, engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the United States. Its principal project area is located in the Delaware Basin portion of the Permian Basin, Reeves County. As of December 31, 2017, it had interests in approximately 27,100 gross acres located in the Permian Basin of Texas; and its estimated net proved reserves were approximately 53.4 million barrels of oil equivalent.
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