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RSP Permian Inc (RSPP.N)

RSPP.N on New York Stock Exchange

47.83USD
18 Jul 2018
Change (% chg)

$0.47 (+0.99%)
Prev Close
$47.36
Open
$47.88
Day's High
$48.11
Day's Low
$46.75
Volume
3,707,380
Avg. Vol
700,444
52-wk High
$51.51
52-wk Low
$28.76

Latest Key Developments (Source: Significant Developments)

RSP Permian - U.S. Federal Trade Commission Granted Early Termination Of Waiting Period
Monday, 30 Apr 2018 06:07pm EDT 

April 30 (Reuters) - RSP Permian Inc ::RSP PERMIAN INC - U.S. FEDERAL TRADE COMMISSION GRANTED EARLY TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT.RSP PERMIAN INC - EARLY TERMINATION OF WAITING PERIOD WITH RESPECT TO PROPOSED ACQUISITION OF RSP PERMIAN, BY CONCHO RESOURCES INC.RSP PERMIAN INC - COMPLETION OF DEALS CONTEMPLATED BY MERGER AGREEMENT IS EXPECTED IN Q3 OF 2018.  Full Article

RSP Permian Says Concho CEO Will Continue To Lead Combined Co
Wednesday, 28 Mar 2018 05:35pm EDT 

March 28 (Reuters) - RSP Permian Inc ::RSP PERMIAN SAYS CONCHO CHAIRMAN & CEO TIM LEACH WILL CONTINUE TO LEAD COMBINED CO - SEC FILING.  Full Article

Concho Resources Says Upon Deal Termination With RSP Permian, Co To Pay RSP A Fee Of $350 Million
Wednesday, 28 Mar 2018 05:33pm EDT 

March 28 (Reuters) - Concho Resources Inc ::CONCHO RESOURCES SAYS UPON DEAL TERMINATION WITH RSP PERMIAN UNDER SPECIFIED CIRCUMSTANCES, CO TO PAY RSP A FEE OF $350 MILLION - SEC FILING.CONCHO RESOURCES - UPON DEAL TERMINATION WITH RSP PERMIAN UNDER SPECIFIED CIRCUMSTANCES, RSP TO PAY CO A FEE OF $250 MILLION.  Full Article

RSP Permian posts Q3 adjusted earnings per share $0.18
Monday, 6 Nov 2017 04:35pm EST 

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 04:54pm EDT 

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 05:56pm EST 

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 04:42pm EDT 

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 04:17pm EDT 

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 04:27pm EDT 

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 Board Increased Size Of Board By One Member

* RSP PERMIAN SAYS ON MAY 17, PER TERMS OF MERGER AGREEMENT BOARD INCREASED SIZE OF BOARD BY ONE MEMBER - SEC FILING