ROSE

Post Reply
dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

ROSE

Post by dan_s »

An updated Net Income & Cash Flow Forecast model for Rosetta Resources (ROSE) has been posted under the Sweet 16 Tab.

Rosetta's CFPS should jump to $13/share in 2013. As they move to a low risk development drilling program in the Eagle Ford, the shares deserve to trade at a much higher multiple of CFPS than where they are today. ROSE has announced plans to drill more than 80 Eagle Ford wells in 2013. Most will be multiple laterals drilled from pads that should significantly reduce drilling and completion costs.

Rosetta's production has almost double from where it was when I added it to the Sweet 16.
Dan Steffens
Energy Prospectus Group
Post Reply