Resolute Energy (NYSE:REN) stock price target increased to $25.00, reported today by Wunderlich Securities
- Updated: September 17, 2016
Wunderlich Securities bumped the estimated target of Resolute Energy (NYSE:REN) to $25, reporting a possible upside of 0.32%.
Previously on 8/10/2016, Wunderlich Securities reported about Resolute Energy(NYSE:REN) bumped the target price from $8.00 to $15.00. At the time, this suggested an upside of 0.54%.
Having a price of $18.97, Resolute Energy (NYSE:REN) traded 5.87% lower on the day. With the last stock price close up 265.20% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the same time period. The company has logged a 50-day moving average of $14.93 and two hundred day average of $6.37. 1,545,739 shares of Resolute Energy exchanged hands, down from ann average trading volume of 2,019,270
With a market cap of $0.0, Resolute Energy has a price-earnings of 0 with a one-year low of $1.75 and a one-year high of $25.48.
More About Resolute Energy (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, and including the Delaware Basin project area and the Northwest Shelf project area.
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