Resolute Energy (NYSE:REN)

CAPS Rating: 1 out of 5

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Member Avatar jed71 (70.92) Submitted: 4/10/2015 3:01:42 PM : Underperform Start Price: $0.89 REN Score: -53.79

Complete no brainer. Selling assets to pay off some of their ENORMOUS debt load. $776 MILLION in debt for this small company. How lenders ever allow a company such as this to rack up that kind of debt, I'll never understand. I guess everyone and their mother is chasing yield right now which is pushing some "investors" into incredibly risky debt, such as this. I wouldn't pay $0.10 on the dollar for this debt, but I guess that's just me.

Burning free cash at a rate of about ($42MM) per year. Horrible balance sheet with only $4MM in cash remaining. The final value of this one depends on the "true" value of those natural resources (which I doubt is worth more than half what they have listed on the BS). Even if the natural resources are worth higher than I think, the creditors WILL OWN this company. If oil prices remain low for any period of time longer than 6 months, it's my belief this company's fate is sealed.

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Member Avatar SCCC2008 (< 20) Submitted: 5/14/2010 2:01:49 PM : Outperform Start Price: $12.99 REN Score: -172.96

Going to do well over the long term.

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Member Avatar 54785478 (60.75) Submitted: 4/21/2010 9:57:20 PM : Outperform Start Price: $12.90 REN Score: -163.02

Rising co. and now with GEOI with 46,000 acres in hot Williston Basin Bakken and Three Forks. Williams County ND. Hot,hot area.

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