RSP Permian (RSPP) Given Media Impact Score of 0.10

Headlines about RSP Permian (NYSE:RSPP) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RSP Permian earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the oil and natural gas company an impact score of 46.256471500329 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Accern’s scoring:

RSP Permian (RSPP) traded up $0.39 on Monday, reaching $36.91. 1,674,483 shares of the company were exchanged, compared to its average volume of 2,018,030. The firm has a market cap of $5,850.00, a price-to-earnings ratio of 59.87, a price-to-earnings-growth ratio of 1.75 and a beta of 2.15. RSP Permian has a 1-year low of $28.76 and a 1-year high of $46.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.84 and a current ratio of 0.84.

RSP Permian (NYSE:RSPP) last released its quarterly earnings results on Monday, November 6th. The oil and natural gas company reported $0.18 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.18. The business had revenue of $201.70 million during the quarter, compared to analyst estimates of $201.34 million. RSP Permian had a net margin of 13.69% and a return on equity of 2.32%. The business’s revenue was up 115.5% on a year-over-year basis. During the same period last year, the business earned ($0.01) EPS. analysts forecast that RSP Permian will post 0.79 earnings per share for the current year.

RSPP has been the topic of a number of research reports. Royal Bank of Canada raised their target price on shares of RSP Permian from $43.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, November 13th. Barclays raised their target price on shares of RSP Permian from $38.00 to $45.00 and gave the company an “overweight” rating in a research note on Wednesday, October 11th. Northland Securities reissued a “buy” rating and issued a $52.00 target price on shares of RSP Permian in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of RSP Permian from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Friday, November 3rd. Finally, Jefferies Group reissued a “buy” rating and issued a $47.00 target price on shares of RSP Permian in a research note on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. RSP Permian currently has an average rating of “Buy” and a consensus target price of $45.87.

In other RSP Permian news, CFO Scott K. Mcneill sold 25,000 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $37.05, for a total transaction of $926,250.00. Following the completion of the transaction, the chief financial officer now directly owns 94,477 shares of the company’s stock, valued at approximately $3,500,372.85. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ted Collins, Jr. sold 21,000 shares of the firm’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $34.78, for a total transaction of $730,380.00. Following the transaction, the director now directly owns 8,094,851 shares of the company’s stock, valued at $281,538,917.78. The disclosure for this sale can be found here. Over the last three months, insiders have sold 191,973 shares of company stock valued at $6,861,844. 15.00% of the stock is owned by company insiders.

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About RSP Permian

RSP Permian, Inc is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company’s properties are located on contiguous acreage blocks in the Midland Basin, and the Delaware Basin, both sub-basins of the Permian Basin.

Insider Buying and Selling by Quarter for RSP Permian (NYSE:RSPP)

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