Zacks Investment Research disclosed Resolute Energy Corp (NYSE:REN), boosting its price target to $29.00 earlier today
- Updated: October 3, 2016
Having a price of $25.68, Resolute Energy Corp (NYSE:REN) traded -1.46% lower on the day. With the last stock price up 203.75% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. REN has recorded a 50-day average of $21.01 and a two hundred day average of $8.45. Trade Volume was down over the average, with 1,307,440 shares of REN changing hands under the typical 2,263,610
Reporting a potential upside of 0.13%, Zacks Investment Research upped the price target of Resolute Energy Corp (NYSE:REN) to $29.00
Recent Performance Chart
With a total market value of $0, Resolute Energy Corp has with a one year low of $2.05 and a one year high of $26.50 .
More About 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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