RSP Permian (RSPP) Forecast

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dan_s
Posts: 37340
Joined: Fri Apr 23, 2010 8:22 am

RSP Permian (RSPP) Forecast

Post by dan_s »

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.
Dan Steffens
Energy Prospectus Group
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