Analysts See $0.31 EPS for WildHorse Resource Development Corporation (WRD) on May, 10

April 17, 2018 - By Andrea Pope

On May, 10. Investors wait WildHorse Resource Development Corporation (NYSE:WRD) to reveal its quarterly earnings, according to Faxor. The profit will be $30.81M for WRD if $0.31 earnings per share becomes true. Wall Street now sees 34.78 % EPS growth despite WildHorse Resource Development Corporation last quarter’s EPS of $0.23. The stock increased 6.02% or $1.33 during the last trading session, reaching $23.44.WildHorse Resource Development Corporation is uptrending after having risen 59.91% since April 17, 2017. WRD has 1.31M volume or 97.24% up from normal. WRD outperformed by 48.36% the S&P500.

WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, exploitation, development, and production of oil, natural gas, and natural gas liquid resources.The company has $2.33 billion market cap. The firm primarily holds interests in the Eagle Ford Shale in Southeast Texas and the overpressured Cotton Valley formation in North Louisiana.The P/E ratio is 73.25. As of December 31, 2016, it had a total leasehold position of approximately 262,742 net acres in the Eagle Ford Shale and 108,456 net acres in overpressured Cotton Valley formation, as well as 152.5 million barrels of oil equivalent of total proved reserves.

WildHorse Resource Development Corporation (NYSE:WRD) Analyst Ratings Chart

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