BERWYN, Pa., Nov.
NEW YORK, Nov. 19, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Resolute Energy Corporation (NYSE: REN) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Cimarex...
SAN DIEGO, Nov. 19, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Resolute Energy Corporation (NYSE: REN) ("Resolute") breached their fiduciary duties in connection...
- Cash and stock acquisition consistent with disciplined, returns-driven approach
TheStreet's sister site The Deal and analysts at Tudor, Pickering, Holt reported an interesting similarity between Oasis' trading valuation and that of Newfield Exploration, which was acquired by Encana on Thursday for $5.5 billion, but no reports have emerged suggesting Oasis is in merger talks at this time.
Investors in Resolute Energy Corp saw new options become available this week, for the June 2019 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 240 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Resolute Continues to Trade at a Steep Discount to Relevant Peers Due To a Bloated Cost Structure and Subscale Assets, Rendering it Unable to Compete as a Standalone Company in Highly Competitive and Lucrative Permian Basin According to Kimmeridge
In trading on Wednesday, shares of Resolute Energy Corp entered into oversold territory, changing hands as low as $28.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Investors in Resolute Energy Corp saw new options become available this week, for the November 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the REN options chain for the new November 16th contracts and identified one put and one call contract of particular interest.
In trading on Thursday, shares of Resolute Energy Corp crossed below their 200 day moving average of $33.34, changing hands as low as $31.48 per share. Resolute Energy Corp shares are currently trading off about 8% on the day.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
In trading on Monday, shares of Resolute Energy Corp crossed below their 200 day moving average of $31.50, changing hands as low as $29.85 per share. Resolute Energy Corp shares are currently trading down about 7.5% on the day.
Investors in Resolute Energy Corp saw new options become available this week, for the December 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 238 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
In trading on Tuesday, shares of Resolute Energy Corp crossed below their 200 day moving average of $31.16, changing hands as low as $30.72 per share. Resolute Energy Corp shares are currently trading down about 3.7% on the day.
Investors eyeing a purchase of Resolute Energy Corp shares, but tentative about paying the going market price of $37.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $25 strike, which has a bid at the time of this writing of $4.30.
Investors in Resolute Energy Corp saw new options become available this week, for the February 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the REN options chain for the new February 16th contracts and identified one put and one call contract of particular interest.
In trading on Thursday, shares of Resolute Energy Corp crossed below their 200 day moving average of $32.23, changing hands as low as $32.07 per share. Resolute Energy Corp shares are currently trading off about 7% on the day.
Investors considering a purchase of Resolute Energy Corp shares, but cautious about paying the going market price of $34.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $23 strike, which has a bid at the time of this writing of $2.30.
