Resolute Energy: Expectations For A Significant Increase In Realised Prices [Seeking Alpha]
RESOLUTE ENERGY (REN)
Last resolute energy earnings: 11/5 04:15 pm
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US:NYSE Investor Relations:
resoluteenergy.com/investors-overview
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Source: Seeking Alpha
Resolute Energy: Expectations For A Significant Increase In Realised PricesSummaryResolute may see a 24% increase in its realised price per BOE in Q4 2018 compared to Q2 2018.It may see a 34% increase in its realised price per BOE in 2019, also compared to Q2 2018.This is partly driven by higher oil and NGL prices, along with a more favorable hedge position (although still negative value) in 2019.Resolute's oil percentage is expected to rise from 45% in Q2 2018 to 52% in Q4 2018 as well, which would be a significant driver of higher realised prices per BOE.
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