According to Zacks, “Rosehill Resources Inc. is an oil and gas exploration company. Its principally producing assets located in Texas and New Mexico and its investment activity will be focused on the Delaware Basin portion of the Permian Basin. Rosehill Resources Inc., formerly known as KLR Energy Acquisition Corp., is based in Houston, United States. “
Several other equities analysts have also weighed in on the company. SunTrust Banks lowered Rosehill Resources from a buy rating to a hold rating in a report on Monday, March 9th. Northland Securities downgraded Rosehill Resources from an outperform rating to a hold rating in a research note on Friday, March 13th. ValuEngine cut Rosehill Resources from a sell rating to a strong sell rating in a research note on Monday, June 1st. Finally, Stifel Nicolaus lowered shares of Rosehill Resources from a buy rating to a hold rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Rosehill Resources has a consensus rating of Hold and a consensus price target of $3.25.
Shares of ROSE opened at $0.72 on Tuesday. The stock has a 50 day moving average of $0.57 and a 200 day moving average of $0.75. The company has a market capitalization of $33.64 million, a price-to-earnings ratio of -0.29 and a beta of 2.85. Rosehill Resources has a 12 month low of $0.25 and a 12 month high of $3.81. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.85.
Rosehill Resources (NASDAQ:ROSE) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.30. The business had revenue of $84.78 million during the quarter. Rosehill Resources had a net margin of 2.78% and a return on equity of 33.94%. As a group, equities research analysts predict that Rosehill Resources will post 0.13 earnings per share for the current year.
A hedge fund recently raised its stake in Rosehill Resources stock. State Street Corp boosted its stake in Rosehill Resources Inc (NASDAQ:ROSE) by 51.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,257 shares of the company’s stock after purchasing an additional 29,741 shares during the quarter. State Street Corp owned approximately 0.20% of Rosehill Resources worth $36,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 8.94% of the company’s stock.
About Rosehill Resources
Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2018, its portfolio included 67 gross operated producing horizontal wells in the Northern Delaware Basin and 4 gross operated producing horizontal wells in the Southern Delaware Basin; and working interests in approximately 6,665 gross acres in the Northern Delaware Basin and 9,219 gross acres in the Southern Delaware Basin, as well as 513 gross operated and 53 non-operated potential horizontal drilling locations in the Northern and Southern Delaware Basin.
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