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-0.0101739415818838 -0.0065638332786347 -0.00853298326222507 -0.00656383327863458 0.00164095831965882 0.0108303249097474 0.0282244830981294 0.0216606498194947
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Resolute Energy: 3Q2017 Results Reviewed [Seeking Alpha]

RESOLUTE ENERGY (REN)  More Company Research Source: Seeking Alpha
Last resolute energy earnings: 5/7 05:21 pm Check Earnings Report
US:NYSE Investor Relations: resoluteenergy.com/investors-overview
PDF Resolute Energy: 3Q2017 Results ReviewedSummaryResolute Energy reported the 3Q2017 operational and financial results. With the Aneth contribution removed, the Permian production came to 22,629 boe/d, up 130% yoy.The company will be able to spud five extra wells and complete one well thanks to drilling efficiency earlier in the year.With much of the acreage derisked and 90% HBP, the company is poised to transition from resource capture to development and production ramp-up.It plans to spend a capital budget of $375-400 million in 2018, looking to expand production by 66%.The combination of a great acreage, a lengthy growth runway, and undervaluation makes the company a compelling long, especially as oil price rises. [Read more]

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