RSP Permian (RSPP) to Acquire Silver Hill Energy Partners in $2.4B Deal; Boosts FY16 Outlook
- Wall Street shares close up as megacap tech stocks rally
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil settles higher on supply concerns in the Mideast, economic woes subdue gains
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- Midday movers: Alphabet, Microsoft and Snap rise; Intel, Hertz Global fall
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- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
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Canaccord Genuity Raises Price Target on RSP Permian (RSPP) Following Delaware Basin Acquisition
October 17, 2016 9:49 AM EDTCanaccord Genuity reiterated a Buy rating on RSP Permian, Inc. (NYSE: RSPP), and raised the price target to $50.00 (from $42.00), Following Delaware basin acquisition. The company now enters one of the best parts of the basin accretively while maintaining a relatively clean balance sheet and improving its... More
RSP Permian (RSPP) Prices Larger 22M Share Common Stock Offering for Proceeds of ~$875M
October 14, 2016 5:50 AM EDTRSP Permian, Inc. (NYSE: RSPP) announced that it has priced an underwritten public offering of 22,000,000 shares of its common stock at $39.75 per share. The offering was upsized to 22,000,000 shares of common stock from the original offering size of 20,000,000 shares of common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of the Company's common stock. Total gross... More
RSP Permian (RSPP) Announces 20M Share Common Stock Offering
October 13, 2016 4:19 PM EDTRSP Permian, Inc. (NYSE: RSPP) announced the commencement of an underwritten public offering of 20,000,000 shares of its common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of the Company's common stock. The Company intends to use the net... More