Resolute Energy Corporation (NYSE:REN) Director James E. Duffy sold 1,000 shares of Resolute Energy stock in a transaction on Monday, December 11th. The shares were sold at an average price of $27.69, for a total transaction of $27,690.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Resolute Energy Corporation (REN) opened at $26.31 on Wednesday. Resolute Energy Corporation has a 52 week low of $23.64 and a 52 week high of $49.14. The company has a debt-to-equity ratio of -8.75, a current ratio of 0.42 and a quick ratio of 0.42.

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

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in Resolute Energy by 799.4% in the first quarter. Bank of America Corp DE now owns 4,803 shares of the oil and gas exploration company’s stock valued at $194,000 after buying an additional 4,269 shares in the last quarter. Northpointe Capital LLC acquired a new position in Resolute Energy in the second quarter valued at about $152,000. Legal & General Group Plc acquired a new position in Resolute Energy in the second quarter valued at about $168,000. Parametric Portfolio Associates LLC boosted its position in Resolute Energy by 6.7% in the second quarter. Parametric Portfolio Associates LLC now owns 7,507 shares of the oil and gas exploration company’s stock valued at $223,000 after buying an additional 470 shares in the last quarter. Finally, Brown Advisory Inc. acquired a new position in Resolute Energy in the third quarter valued at about $233,000. Hedge funds and other institutional investors own 97.83% of the company’s stock.

A number of research analysts have weighed in on REN shares. Goldman Sachs Group raised 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. KLR Group reissued 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. ValuEngine lowered shares of Resolute Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Northland Securities set a $50.00 target price on shares of Resolute Energy and gave the stock a “buy” rating in a research report on Thursday, November 16th. Finally, Barclays reissued an “overweight” rating and set a $37.00 target price on shares of Resolute Energy in a research report on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $44.48.

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Resolute Energy Company Profile

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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