Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Resolute Energy Corporation (NASDAQ:REN) Expected To Report Earnings On Monday

Analysts await Resolute Energy Corporation (NASDAQ:REN) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.02 EPS, up 750% or $0.15 from last year’s $-0.17 per share.

At the moment 8 analysts are watching Resolute Energy Corporation (NASDAQ:REN), 0 rate it “Buy”, 1 “Outperform”, 5 “Underperform”, 2 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 4 analysts have a mean sales target of 44.90 million. For the quarter ending Sep-16, 4 analysts have a mean sales target of 47.92 million whilst for the year ending Dec-16, 6 analysts have a mean target of 194.63 million.

In terms of earnings per share, 7 analysts have a -0.05 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 7 analysts have a -0.05 EPS mean target and for the quarter ending Sep-16 there are 8 estimates of -0.21 EPS.

The biggest institutional shareholders in Resolute Energy Corporation include Spo Advisory Corp which owns 15 million shares in the company valued at $13.04 million. Sageview Capital LP is the second biggest holder with 5 million shares currently valued at 4.42 million whilst Vanguard Group Inc has 2 million shares valued at 2.06 million.

Total shares held by institutions as of the most recent company filings are 32,072,328 with a reported 1,075,008 bought and 3,003,771 sold. These holdings make up 41.42% of the company’s outstanding shares.

Currently insiders hold 6,339,414 shares in the business which makes up 8.19% of shares. The biggest holder currently is Nicholas J. Sutton who owns 2,124,299 shares (2.74% of those outstanding), whilst James M. Piccone holds 1,010,037 (1.30% of shares outstanding) and Richard F. Betz holds 678,560 (0.88% of shares outstanding).

The stock increased 2.9528% or $0.0194 during the last trading session, hitting $0.7000. Resolute Energy Corporation (NASDAQ:REN) has risen 25.71% over the past 6 months and is uptrending.

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