Resolute Energy Corp (NYSE:REN)

CAPS Rating: 1 out of 5

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Member Avatar TSIF (99.96) Submitted: 12/23/2015 3:57:21 PM : Underperform Start Price: $0.81 REN Score: +22.74

You might sell your better assets even in this environment, but you're not going to get what they are worth..and if you sell your better assets what do you have left to pay the other $500M (plus high account payables)?? Especially since you couldn't make money when oil was twice as high....

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Member Avatar jed71 (99.88) Submitted: 4/10/2015 3:01:42 PM : Underperform Start Price: $0.89 REN Score: +26.78

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: -159.21

Going to do well over the long term.

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Member Avatar 54785478 (50.33) Submitted: 4/21/2010 9:57:20 PM : Outperform Start Price: $12.90 REN Score: -150.40

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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