RSP Permian (RSPP) Receives Media Impact Rating of 0.27

Media coverage about RSP Permian (NYSE:RSPP) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. RSP Permian earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news articles about the oil and natural gas company an impact score of 47.7747598713405 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Accern’s rankings:

A number of research firms have issued reports on RSPP. Stifel Nicolaus reissued a “buy” rating and issued a $46.00 target price (up from $45.00) on shares of RSP Permian in a research report on Tuesday, December 19th. BMO Capital Markets set a $46.00 target price on RSP Permian and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Piper Jaffray Companies reissued a “buy” rating and issued a $50.00 target price on shares of RSP Permian in a research report on Tuesday, January 9th. Barclays raised their target price on RSP Permian from $38.00 to $45.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. Finally, Scotiabank reissued a “buy” rating and issued a $43.00 target price on shares of RSP Permian in a research report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. RSP Permian currently has a consensus rating of “Buy” and a consensus price target of $46.32.

RSP Permian (NYSE RSPP) opened at $41.32 on Friday. The firm has a market capitalization of $6,550.00, a price-to-earnings ratio of 68.87, a PEG ratio of 0.74 and a beta of 2.15. RSP Permian has a 52-week low of $28.76 and a 52-week high of $44.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.84 and a quick ratio of 0.84.

RSP Permian (NYSE:RSPP) last announced its quarterly earnings results on Monday, November 6th. The oil and natural gas company reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. The company had revenue of $201.70 million during the quarter, compared to analysts’ expectations of $201.34 million. RSP Permian had a return on equity of 2.32% and a net margin of 13.69%. The firm’s quarterly revenue was up 115.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.01) earnings per share. analysts anticipate that RSP Permian will post 0.81 EPS for the current year.

In related news, Director Ted Collins, Jr. sold 42,000 shares of RSP Permian stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $35.61, for a total transaction of $1,495,620.00. Following the completion of the sale, the director now owns 8,052,851 shares of the company’s stock, valued at $286,762,024.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Erik B. Daugbjerg sold 19,973 shares of RSP Permian stock in a transaction on Monday, December 4th. The shares were sold at an average price of $37.27, for a total value of $744,393.71. Following the sale, the vice president now directly owns 203,598 shares of the company’s stock, valued at approximately $7,588,097.46. The disclosure for this sale can be found here. Insiders have sold 203,596 shares of company stock valued at $7,801,254 in the last three months. 15.00% of the stock is owned by corporate insiders.

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RSP Permian Company Profile

RSP Permian, Inc is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company’s properties are located on contiguous acreage blocks in the Midland Basin, and the Delaware Basin, both sub-basins of the Permian Basin.

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

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