EPS for RSP Permian, Inc. (RSPP) Expected At $0.49

April 17, 2018 - By James Guidry

RSP Permian, Inc. (NYSE:RSPP) LogoInvestors sentiment decreased to 1.17 in Q4 2017. Its down 0.11, from 1.28 in 2017Q3. It fall, as 28 investors sold RSP Permian, Inc. shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported.
Cushing Asset Limited Partnership stated it has 0.38% of its portfolio in RSP Permian, Inc. (NYSE:RSPP). Viking Fund Mgmt Ltd Liability invested in 180,000 shares or 1.2% of the stock. Denali Advisors Ltd Company holds 13,200 shares or 0.08% of its portfolio. Vr Advisory has 21,700 shares for 0.46% of their portfolio. Voya Mngmt Lc holds 0% or 41,803 shares. Beaconlight Cap Lc holds 1.56% or 104,417 shares. Rhumbline Advisers holds 131,439 shares. D E Shaw And Co invested in 0.03% or 501,992 shares. Tortoise Advisors Limited Liability owns 330,242 shares. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in RSP Permian, Inc. (NYSE:RSPP) for 8,600 shares. State Bank Of New York Mellon Corporation has 729,740 shares for 0.01% of their portfolio. Schwab Charles Mgmt Incorporated holds 0.02% or 573,920 shares in its portfolio. Cwm Ltd Liability Co holds 22 shares or 0% of its portfolio. Moreover, 1832 Asset Management Limited Partnership has 0.01% invested in RSP Permian, Inc. (NYSE:RSPP) for 40,500 shares. Federated Invsts Inc Pa has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP).

Since December 11, 2017, it had 0 insider purchases, and 5 insider sales for $8.25 million activity. $1.74 million worth of RSP Permian, Inc. (NYSE:RSPP) was sold by Collins Ted Jr on Wednesday, January 3. McNeill Scott K. sold $926,250 worth of stock.

Analysts expect RSP Permian, Inc. (NYSE:RSPP) to report $0.49 EPS on May, 1.They anticipate $0.33 EPS change or 206.25 % from last quarter’s $0.16 EPS. RSPP’s profit would be $78.12M giving it 24.39 P/E if the $0.49 EPS is correct. After having $0.32 EPS previously, RSP Permian, Inc.’s analysts see 53.13 % EPS growth. The stock increased 1.40% or $0.66 during the last trading session, reaching $47.81. About 4.35M shares traded or 12.96% up from the average. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

RSP Permian, Inc. (NYSE:RSPP) Ratings Coverage

Among 22 analysts covering RSP Permian (NYSE:RSPP), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. RSP Permian had 45 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Market Perform” rating by Northland Capital on Thursday, March 29. The firm earned “Buy” rating on Thursday, March 1 by RBC Capital Markets. The rating was downgraded by Raymond James on Monday, April 2 to “Hold”. The stock of RSP Permian, Inc. (NYSE:RSPP) has “In-Line” rating given on Thursday, March 29 by Imperial Capital. The firm has “Buy” rating given on Sunday, January 21 by KeyBanc Capital Markets. The company was initiated on Tuesday, December 19 by Robert W. Baird. The firm earned “Buy” rating on Wednesday, March 14 by Piper Jaffray. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, October 18. Credit Suisse maintained RSP Permian, Inc. (NYSE:RSPP) on Tuesday, January 23 with “Buy” rating. On Monday, November 13 the stock rating was maintained by RBC Capital Markets with “Outperform”.

RSP Permian, Inc., an independent oil and natural gas company, engages 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 has market cap of $7.62 billion. It owns interest in contiguous acreage blocks in the core of the Midland Basin primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock. It has a 32.09 P/E ratio.

RSP Permian, Inc. (NYSE:RSPP) Institutional Positions Chart

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