The EC of Resolute Energy Corp (REN) is Selling Shares


Today, the EC of Resolute Energy Corp (NYSE: REN), Nicholas Sutton, sold shares of REN for $1.85M.

Following Nicholas Sutton’s last REN Sell transaction on December 19, 2017, the stock climbed by 6.4%.

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Based on Resolute Energy Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $74.72 million and GAAP net loss of $12.86 million. In comparison, last year the company earned revenue of $65.23 million and had a net profit of $1.6 million. Currently, Resolute Energy Corp has an average volume of 469.9K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $41.67, reflecting a -19.6% downside.

Nicholas Sutton’s trades have generated a 199.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Resolute Energy Corp. engages in the acquisition, development and production of onshore domestic hydrocarbons, principally crude oil. Its property portfolio includes Aneth Field and Permian Basin. The company was founded by Richard F. Betz in 2004 and is headquartered in Denver, CO.

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