RSP Permian (RSPP) Getting Somewhat Positive Media Coverage, Analysis Finds
Media headlines about RSP Permian (NYSE:RSPP) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. RSP Permian earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the oil and natural gas company an impact score of 46.6764187209265 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several equities research analysts recently weighed in on the stock. Guggenheim reiterated a “buy” rating on shares of RSP Permian in a research note on Monday, July 23rd. ValuEngine lowered shares of RSP Permian from a “buy” rating to a “hold” rating in a research note on Monday, May 14th. Thirteen research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $52.20.
NYSE RSPP opened at $47.83 on Friday. RSP Permian has a 52 week low of $28.76 and a 52 week high of $51.51. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 58.33, a PEG ratio of 0.62 and a beta of 1.61.
RSP Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. 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; and in Loving and Winkler counties of the Delaware Basin.
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