Underappreciated Best Idea RSP Permian Still Low-Cost Leader in Upstream Space
RSP Permian announced March 1 that it has completed the second portion of its Silver Hill Energy Partners acquisition, setting the stage for accelerated growth in 2017 and beyond. Management expects 82%-95% volume growth this year and at least 30% growth in each of the next two years as well. If crude prices stay at current levels, we think the company could beat these conservative targets. However, our estimates are tempered by our bearish views on crude fundamentals. We expect that the recent ...RSP Permian is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and natural gas reserves in the Permian Basin of West Texas. The company designs and manages the well development and supervises operation and maintenance activities on a day-to-day basis. Independent contractors engaged by the company provides all the equipment and personnel associated with these activities. As of Dec 31 2017, the company had total proved reserves of 375.9 million barrels of oil equivalent, consisting of 261.3 million barrels of oil, 295.02 billion cubic feet of natural gas, and 65.4 million barrels of natural gas liquids.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.