New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 31, 2014
08:07 EDTRSPPRSP Permian reports FY13 EPS 56c, consensus 53c
Reports average production of 7,293 Boe/d in 2013, a 43% increase over 2012's average of 5,089 Boe/d; Adjusted EBITDAX of $152M in 2013, a 57% increase over $97M in 2012; Proved reserves of 54 million Boe, an increase of 10 million Boe, or 24%, from 2012 proved reserves of 44 million Boe; Acquisition of Spanish Trail assets for $155M. Says Horizontal Wolfcamp results tracking expectations and early horizontal Spraberry results outperforming type curve and economic returns look as strong as the Wolfcamp. Production volumes for the year ended 2013 averaged 7,293 Boe/d or a total of 2,662 MBoe. Production volumes for the quarter ended December 31, 2013 averaged 7,837 Boe/d or a total of 721 MBoe.
News For RSPP From The Last 14 Days
Check below for free stories on RSPP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 21, 2014
10:02 EDTRSPPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:32 EDTRSPPRSP Permian upgraded to Buy from Accumulate at KLR Group
KLR Group upgraded RSP Permian to Buy citing the company's production growth and "superior" capital yield. The firm raised its price target for shares to $42 from $34.
July 17, 2014
09:04 EDTRSPPRSP Permian raises 2014 production outlook to 11,500-12,000 Boe/d
Raises 2014 CapEx to approximately $425M. Expects to fund it through a combination of cash and cash equivalents, operating cash flow, borrowings under RSP's revolving credit facility, and potential debt capital markets transactions.
09:04 EDTRSPPRSP Permian reports Q2 average daily production up 15% to 10,714 Boe/d
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use