I have updated my forecast model for RSPP and it will be posted to the EPG website later today.
My valuation is unchanged at $60.00/share, which compares to First Call's price target of $52.98
RSPP is "Super Aggressive Growth" pure play on the Permian Basin. They are on-track to generate ~90% production growth this year. 2016 production was 29,141 BOE per day. By year-end 2017, RSPP's production should be over 70,000 BOE per day.
Check out the RED BOX on the forecast model when you have time.
RSP Permian (RSPP) Forecast
RSP Permian (RSPP) Forecast
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group