Somewhat Positive Press Coverage Somewhat Unlikely to Impact Resolute Energy (NYSE:REN) Stock Price

News headlines about Resolute Energy (NYSE:REN) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Resolute Energy earned a news impact score of 0.05 on Accern’s scale. Accern also gave media headlines about the oil and gas exploration company an impact score of 45.5873811144647 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of equities analysts have weighed in on the stock. BMO Capital Markets set a $35.00 price target on shares of Resolute Energy and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Northland Securities set a $50.00 price target on shares of Resolute Energy and gave the stock a “buy” rating in a research report on Thursday, November 16th. ValuEngine lowered shares of Resolute Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Goldman Sachs Group upgraded shares of Resolute Energy from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Thursday, October 19th. They noted that the move was a valuation call. Finally, KLR Group restated a “buy” rating and set a $64.00 target price (up previously from $60.00) on shares of Resolute Energy in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $45.10.

Shares of Resolute Energy (NYSE:REN) opened at $30.97 on Monday. Resolute Energy has a 12 month low of $23.64 and a 12 month high of $49.14. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of -8.75.

Resolute Energy (NYSE:REN) last announced its earnings results on Monday, November 6th. The oil and gas exploration company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.21). The firm had revenue of $81.60 million for the quarter, compared to analyst estimates of $86.76 million. The company’s revenue for the quarter was up 72.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.24) earnings per share. equities analysts expect that Resolute Energy will post 0.6 EPS for the current year.

In related news, Director James E. Duffy sold 2,500 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $27.99, for a total value of $69,975.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 7.30% of the company’s stock.

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About Resolute Energy

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).

Insider Buying and Selling by Quarter for Resolute Energy (NYSE:REN)

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