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RESOLUTE ENERGY CORPORATON (REN) [hlAlert]

Rating:
Buy REN
down 94.82 %

RESOLUTE ENERGY CORPORATON (REN) rated Buy with price target $13 by Wunderlich

Posted on: Thursday,  May 9, 2013  10:25 AM ET by Wunderlich

Wunderlich rated Buy RESOLUTE ENERGY CORPORATON (NYSE: REN) on 05/09/2013, when the stock price was $8.50. Since
then, RESOLUTE ENERGY CORPORATON has lost 94.82% as of 01/06/2016's recent price of $0.44.
If you would have followed this Wunderlich's recommendation on REN, you would have lost 94.82% of your investment in 972 days.

Resolute Energy Corporation (Resolute), formerly Hicks Acquisition Company I, Inc. (HACI), is an independent oil and gas company engaged in the acquisition, exploitation and development of oil and gas properties. The Company focuses on properties in Utah, which were properties acquired from two oil companies, in connection with an alliance with Navajo Nation Oil and Gas Company, and in Wyoming and Oklahoma, which were acquired through the acquisition of a privately held oil and gas producer. In addition, Resolute owns exploration properties in Wyoming and Alabama. On September 25, 2009, the Company announced that it has closed the business combination transaction contemplated by the Purchase and initial public offering (IPO) Reorganization Agreement, dated as of August 2, 2009, by and among the Company, HACI, Resolute Holdings Sub, LLC (Holdings Sub), Resolute Subsidiary Corporation, Resolute Aneth, LLC (Aneth) and HH-HACI, L.P., as amended (the Acquisition Agreement).

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 10:25 AM Buy
None
8.50 13.00
as of 12/13/2013
1 Week down  -4.39 %
1 Month down  -6.65 %
3 Months down  -1.07 %
1 YTD down  -2.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/28/2013 8:25 AM Buy
None
11.44 14.00
3/11/2013 8:25 AM Buy
None
10.78 13.00
6/7/2012 8:25 AM Hold
None
9.06 9.00
4/8/2010 8:25 AM Buy
None
13.17 17.00
12/2/2009 8:25 AM Buy
None
11.17 13.00

(*) Stock Price at the time of the recommendation.
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