Press coverage about Wildhorse Resource Development (NYSE:WRD) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wildhorse Resource Development earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned news coverage about the oil and natural gas company an impact score of 46.965440739942 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Wildhorse Resource Development (NYSE WRD) opened at $18.36 on Thursday. The firm has a market capitalization of $1,870.00 and a P/E ratio of 40.80. Wildhorse Resource Development has a 1 year low of $10.36 and a 1 year high of $18.84. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.42 and a quick ratio of 0.42.
Wildhorse Resource Development (NYSE:WRD) last issued its quarterly earnings data on Wednesday, November 8th. The oil and natural gas company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.08. The firm had revenue of $122.50 million for the quarter, compared to analyst estimates of $117.89 million. Wildhorse Resource Development had a return on equity of 1.24% and a net margin of 8.88%. Wildhorse Resource Development’s quarterly revenue was up 269.0% on a year-over-year basis. equities research analysts anticipate that Wildhorse Resource Development will post 0.33 earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.chaffeybreeze.com/2018/01/04/wildhorse-resource-development-wrd-receives-media-impact-rating-of-0-04.html.
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.