Rosetta Resources, Inc. (NASDAQ:ROSE)

CAPS Rating: 4 out of 5

An independent oil and natural gas company engaged in the acquisition, exploration, development and production of primarily natural gas properties in the United States.

Recs

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Player Avatar HendrixGal (< 20) Submitted: 6/8/2008 9:03:59 PM : Outperform Start Price: $28.57 ROSE Score: +11.19

Full Time Employees:   152

BUSINESS SUMMARY   
Rosetta Resources, Inc. engages in the acquisition, exploration, development, and production of oil and gas properties in North America. It primarily operates in the Sacramento Basin of California, the Rocky Mountains, the Lobo and Perdido trends in south Texas, the State Waters of Texas, and the Gulf of Mexico. The company has interest in Rio Vista Field and Sacramento Valley Extension project located in Sacramento Basin of California; DJ Basin in Colorado and San Juan Basin in New Mexico in the Rocky Mountains; Sabine Lake located within Texas State Waters of Jefferson County and Louisiana State Waters of Cameron Parish; Live Oak County Prospect located in Live Oak County, Texas; and Federal Waters located in Gulf of Mexico. As of December 31, 2007, Rosetta Resources had 418.4 billion cubic feet equivalent of proved oil and natural gas reserves, including 400.2 billion cubic feet of natural gas and 3,021 thousand barrels of oil and condensate. The company is headquartered in Houston, Texas.

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