Rosehill Resources Inc (NASDAQ:ROSE) – Equities researchers at SunTrust Banks upped their Q3 2019 earnings per share estimates for shares of Rosehill Resources in a research note issued on Wednesday, October 16th. SunTrust Banks analyst N. Dingmann now expects that the company will earn $0.02 per share for the quarter, up from their prior forecast of $0.01. SunTrust Banks also issued estimates for Rosehill Resources’ Q4 2019 earnings at $0.05 EPS, FY2019 earnings at $0.13 EPS, Q1 2020 earnings at $0.15 EPS, Q2 2020 earnings at $0.16 EPS, Q3 2020 earnings at $0.19 EPS, Q4 2020 earnings at $0.10 EPS, FY2020 earnings at $0.60 EPS, Q1 2021 earnings at $0.09 EPS, Q2 2021 earnings at $0.08 EPS, Q3 2021 earnings at $0.08 EPS and FY2021 earnings at $0.33 EPS.
Rosehill Resources (NASDAQ:ROSE) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.94). The company had revenue of $69.38 million during the quarter, compared to analyst estimates of $78.78 million. Rosehill Resources had a net margin of 7.70% and a return on equity of 88.56%.
Shares of ROSE stock opened at $1.44 on Monday. The stock has a market cap of $63.29 million, a price-to-earnings ratio of 6.86 and a beta of 3.66. The stock has a 50-day moving average of $1.69 and a 200-day moving average of $2.83. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 3.02. Rosehill Resources has a 1-year low of $1.29 and a 1-year high of $5.50.
In related news, Director Harry Quarls purchased 25,000 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was bought at an average price of $1.49 per share, with a total value of $37,250.00. Following the completion of the purchase, the director now owns 177,260 shares in the company, valued at approximately $264,117.40. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders bought 41,300 shares of company stock valued at $62,595 and sold 4,781 shares valued at $9,338. Corporate insiders own 80.30% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in shares of Rosehill Resources in the 2nd quarter worth approximately $52,000. Jane Street Group LLC purchased a new stake in shares of Rosehill Resources in the 2nd quarter worth approximately $94,000. Vanguard Group Inc. grew its stake in shares of Rosehill Resources by 68.8% in the 2nd quarter. Vanguard Group Inc. now owns 407,283 shares of the company’s stock worth $1,507,000 after buying an additional 166,032 shares during the last quarter. A.R.T. Advisors LLC purchased a new stake in shares of Rosehill Resources in the 2nd quarter worth approximately $68,000. Finally, BlackRock Inc. grew its stake in shares of Rosehill Resources by 304.2% in the 2nd quarter. BlackRock Inc. now owns 458,467 shares of the company’s stock worth $1,696,000 after buying an additional 345,043 shares during the last quarter. 11.41% of the stock is owned by institutional investors and hedge funds.
Rosehill Resources Company Profile
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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