RSP Permian (RSPP) Forecast
Posted: Sat May 06, 2017 10:31 am
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.
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.