This news is classified in: Traditional Energy Oil and Gas General News
Dec 28, 2016
Companies in the Independent Oil and Gas space bring a sharp focus to their business activities, such as eliminating competing resource allocations among different businesses. Additionally, these firms may thrive or wither on the rise or fall of the oil and gas prices. Pre-market, Stock-Callers.com tracks the most recent performances of Resolute Energy Corp., Diamondback Energy Inc., Kosmos Energy Ltd, and Eclipse Resources Corp.
Resolute Energy
Denver, Colorado-based Resolute Energy Corp.'s stock finished Tuesday's session 1.37% higher at $41.43 with a total trading volume of 726,946 shares. Over the last month and the previous three months, the Company's shares have advanced 27.32% and 97.66%, respectively. Additionally, the stock has surged 852.41% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 30.76% and 176.55%, respectively. Moreover, shares of Resolute Energy, which engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the US, have a Relative Strength Index (RSI) of 66.76.
Forecasts by (Type/Class, Work-class, Observation-class, Intervention-class), by Industry (Oil and Gas, Offshore Wind, Defence, Research and Surveying , Others), by Application (Construction Support, Drilling Support, Inspection, Repair, and Maintenance (IRM), Others), by Depth (Less than 5,000 Feet, 5,000-10,000 Feet, Above 10,000 Feet), by Payload (Less than 200 kg, 201-300 kg, Above 300 kg), by Weight (OCROV (up to 91 kg), MSROV (91 kg to 907 kg), WCROV (Above 907 kg)), by Function (Intervention, Crawler, Pipelay, Trenching, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis
Download free sample pagesResolute Energy announced that it has closed its previously announced underwritten public offering of 4,370,000 shares of its common stock, which includes the full exercise by the underwriters of their option to purchase an additional 570,000 shares of common stock. The net proceeds from the offering were approximately $160.8 million. The Company intends to use the net proceeds from the offering to repay its second lien secured term loan, with any additional proceeds to be used to repay a portion of the borrowings outstanding under the Company's revolving credit facility