Media coverage about Wildhorse Resource Development (NYSE:WRD) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wildhorse Resource Development earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the oil and natural gas company an impact score of 46.9662881648371 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- UPDATE: BMO Capital Downgrades Wildhorse Resource Development (WRD) to Market Perform (streetinsider.com)
- Goa Govt transfers 17 senior scale GCS officers (news.webindia123.com)
- Good Time to Go Long on Select Energy Players (finance.yahoo.com)
- Wildhorse Resource Development Corp (WRD) Forecasted to Earn Q1 2018 Earnings of $0.24 Per Share (americanbankingnews.com)
- WildHorse Resource Earns $50 Million, Brings Online 90 Net Hz Wells in 2017 (oilandgas360.com)
Shares of Wildhorse Resource Development (WRD) opened at $16.73 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a market capitalization of $1,755.32, a PE ratio of 42.90, a price-to-earnings-growth ratio of 0.27 and a beta of 0.39. Wildhorse Resource Development has a 12-month low of $10.36 and a 12-month high of $21.43.
WRD has been the topic of several research reports. Zacks Investment Research raised Wildhorse Resource Development from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Saturday, November 18th. Barclays increased their target price on Wildhorse Resource Development from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Monday, November 20th. Piper Jaffray Companies reissued a “buy” rating and set a $23.00 target price on shares of Wildhorse Resource Development in a research note on Wednesday, November 22nd. ValuEngine raised Wildhorse Resource Development from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Imperial Capital increased their target price on Wildhorse Resource Development from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 13th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $22.67.
About Wildhorse Resource Development
WildHorse Resource Development Corporation is a holding company. The Company is an independent oil and natural gas company. The Company is focused on the acquisition, exploitation, exploration and development of oil, natural gas and natural gas liquid (NGL) resources in the United States. Its assets are characterized by concentrated acreage positions in Southeast Texas and North Louisiana with multiple producing stratigraphic horizons, or stacked pay zones, and single-well rates of return.
Receive News & Ratings for Wildhorse Resource Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wildhorse Resource Development and related companies with MarketBeat.com's FREE daily email newsletter.