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RSP Permian Inc (RSPP.N)

RSPP.N on New York Stock Exchange

41.32USD
19 Jan 2018
Change (% chg)

$0.23 (+0.56%)
Prev Close
$41.09
Open
$40.83
Day's High
$41.39
Day's Low
$40.67
Volume
198,039
Avg. Vol
390,770
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$44.11
52-wk Low
$28.76

Latest Key Developments (Source: Significant Developments)

RSP Permian posts Q3 adjusted earnings per share $0.18
Monday, 6 Nov 2017 

Nov 6 (Reuters) - RSP Permian Inc :RSP Permian Inc announces third quarter 2017 financial and operating results.Q3 adjusted earnings per share $0.18.Q3 earnings per share $0.14.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.RSP Permian Inc qtrly ‍production increased 98 pct to 58.9 mboe/d​.RSP Permian Inc - ‍on track to deliver on 2017 guidance​.  Full Article

RSP Permian enters into first amendment to credit agreement
Monday, 23 Oct 2017 

Oct 23 (Reuters) - RSP Permian Inc :RSP Permian Inc - ‍on October 19, entered into a first amendment to certain credit agreement dated as of December 19, 2016​.RSP Permian Inc says credit agreement​ amendment ‍increased borrowing base under credit agreement from $1.10 billion to $1.50 billion - sec filing.  Full Article

RSP Permian reports pricing of upsized $450 mln placement of senior unsecured notes
Monday, 12 Dec 2016 

Rsp Permian Inc : RSP Permian Inc - pricing of its private placement of $450 million aggregate principal amount of 5.25 pct senior unsecured notes due 2025 at par . RSP Permian Inc- pricing represents an increase of $100 million over aggregate principal amount previously announced .RSP Permian Inc. announces pricing of upsized $450 million placement of senior unsecured notes.  Full Article

RSP Permian announces $2.4 bln acquisition of Silver Hill Energy
Thursday, 13 Oct 2016 

RSP Permian Inc : RSP Permian announces $2.4 billion acquisition of Silver Hill Energy Partners and provides updates . Deal for $1.25 billion of cash and 31.0 million shares of RSP common stock in aggregate . RSP Permian Kayne Anderson, Ridgemont, Silver Hill shareholders are expected to collectively own approximately 20 percent of RSP's outstanding shares pro forma . RSP Permian Inc - RSP expects to add Kyle D. Miller, CEO of Silver Hill, to RSP's board of directors upon closing Shep II . RSP Permian Inc - RSP expects to add Kyle D. Miller, CEO of Silver Hill, to RSP's board of directors upon closing SHEP II . RSP Permian Inc - RSP's average daily production rate for Q3 of 2016 was 29,761 boe/d (approximately 73 percent oil), a 24 percent increase . RSP Permian - Silver Hill Energy Partners expected to close in Q4, with Silver Hill receiving about $604 million of cash and 15.0 million RSP shares . RSP Permian Inc - Sees 2016 average daily production 28,500 - 29,500 boe/d . Silver Hill E&P II deal to close in Q1, with Silver Hill receiving approximately $646 million of cash and 16.0 million RSP shares . RSP Permian Inc - Estimate net daily production in 2017 to average in range of 52.0 - 56.0 mboe/d (72 percent-74 percent oil) . RSP Permian Inc - Preliminary 2017 total capital expenditure budget, including infrastructure and workovers, is expected to be $570 - $630 million.  Full Article

RSP Permian says offering 20 mln common shares
Thursday, 13 Oct 2016 

Rsp Permian Inc : Announces public offering of common stock . Says offering 20.0 million common shares .Intends to use proceeds from offering to fund a portion of acquisition of Silver Hill Energy Partners,Silver Hill.  Full Article

RSP Permian posts Q2 adjusted loss per share $0.04
Monday, 8 Aug 2016 

RSP Permian Inc : RSP Permian Inc announces second quarter 2016 financial and operating results and updates 2016 annual guidance . Q2 loss per share $0.10 . Q2 adjusted loss per share $0.04 . Q2 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S . Qtrly production increased by 33 pct to 26.4 mboe/d as compared to 2Q15 and increased by 7 pct as compared to 1Q16 . Expected 2016 average daily production increased by 10 pct at mid-point to 26,500 - 28,500 boe/d .Qtrly total revenues $81.5 million versus $78.5 million.  Full Article

BRIEF-RSP Permian posts Q3 adjusted earnings per share $0.18

* RSP Permian Inc announces third quarter 2017 financial and operating results