A report released today by Seaport Global Securities about Resolute Energy Corp (NYSE:REN) ups the target price to $45.00
- Updated: October 9, 2016
Displaying a price of $25.68, Resolute Energy Corp (NYSE:REN) traded -0.57% lower on the day. The last stock close price is up 223.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $22.26 and a two hundred day average of $9.12. Trading volume was down over the average, with 947,107 shares of REN changing hands under the typical 2,365,840
In a report announced on 10/05/2016 Seaport Global Securities upped the price target of Resolute Energy Corp (NYSE:REN) to $45.00 indicating a possible upside of 0.75%.
On 10/04/2016, Zacks Investment Research reported on Resolute Energy Corp (NYSE:REN) increased the target price from $0.00 to $29.00 that suggested an upside of 0.13%.
With a total market value of $0, Resolute Energy Corp has 52 week low of $2.25 and a 52 week high of $31.05 .
Brief Synopsis On Resolute Energy Corp (NYSE:REN)
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. Its properties are Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field), and the Permian Basin in Texas and southeast New Mexico (the Permian Properties or Permian Basin Properties). It has an interest in gas gathering and compression facilities located within and adjacent to its Aneth Field Properties. Aneth Field is an oil field in southeast Utah, which produces approximately 6,290 equivalent barrels of oil per day. It owns working interests in the Aneth Unit, the McElmo Creek Unit and the Ratherford Unit. The Company has interests in approximately 27,750 gross (17,570 net) acres in the Permian Basin of Texas and southeast New Mexico. It covers over two project areas, including the Delaware Basin project area and the Northwest Shelf project area.
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