tdeck
6年前
Man shorts jumping hard on this puppy, how soon they forget, if they ever knew most are just in the herd following what the larger players are telling them to do, easier to stick with the crowd.
The company is merging with Blue Ridge Mountain Resources and the transaction is expected to close during the fourth quarter of 2018. The transaction is expected to generate significant operating synergies and boost cashflows. It will enable Eclipse Resources to enhance its portfolio of core Utica locations and Marcellus.
Eclipse Resources has an impressive earnings surprise history. The upstream player beat the Zacks Consensus Estimate for earnings in """"""all of the trailing four quarters, the average being 261.1%. Also, we expect the company to post year-over-year earnings improvement of 800% in 2017 and 194.4% in 2018."""""""
For fourth-quarter 2018, the Zacks Consensus Estimate for earnings per share has been revised higher in the last 30 days. The consensus estimate for 2018 earnings was revised to 9 cents from 8 cents.
Keep shorting tomorrow sold some CLDR to load this thing hard.
tdeck
6年前
Cool, wish I would have mentioned it when it was in the 1 range, but, I don't like to post stocks other boards, it has its dips here and there, but, the next 6 months are good for this one we could see an exit +3-3-50 things keep going the way they are.
And yes energy/oil been beaten to death markets down pressure, oil down pressure, but, anyone who has lived up north, oil goes up when temps get frigid.
Take care,
Peace out.
sick nam vet
9年前
Eclipse Resources Corporation (NYSE: ECR) (“Eclipse Resources” or the “Company”) announced today that it has priced an underwritten public offering of 37,500,000 shares of its common stock at a price to the public of $3.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of the Company’s common stock. The offering is expected to close on July 5, 2016.