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RSP Permian (RSPP) to Acquire Silver Hill Energy Partners in $2.4B Deal; Boosts FY16 Outlook

Go back to RSP Permian (RSPP) to Acquire Silver Hill Energy Partners in $2.4B Deal; Boosts FY16 Outlook

Canaccord Genuity Raises Price Target on RSP Permian (RSPP) Following Delaware Basin Acquisition

October 17, 2016 9:49 AM EDT

Canaccord 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 EDT

RSP 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 EDT

RSP 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