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Enter Symbol:
Rosetta Resources Inc. (ROSE) [hlAlert]

down 8.18 %

Rosetta Resources Inc. (ROSE) rated Outperform by Wells Fargo

Posted on: Thursday,  May 16, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Rosetta Resources Inc. (NASDAQ: ROSE) on 05/16/2013. Previously Wells Fargo rated Outperform Rosetta Resources Inc. (NASDAQ: ROSE) on
01/25/2010., when the stock price was $22.60. Since then, Rosetta Resources Inc. has lost 8.19% as of 07/20/2015's recent price of $20.75.
If you would have followed the previous Wells Fargo's recommendation on ROSE, you would have lost 8.18% of your investment in 2002 days.

Rosetta Resources Inc. together with its subsidiaries (Rosetta) is an independent oil and gas company engaged in the acquisition, exploration, development and production of oil and gas properties in North America. The Company?s operations are concentrated in the areas of the Sacramento Basin of California, the Rockies, and South Texas. In addition, Rosetta has non-core positions in the State Waters of Texas and the Gulf of Mexico. During the year ended December 31, 2008, the Company drilled 184 gross and 152 net wells, with a success rate of 89%. In 2008, the Company had 398.2 billion of cubic feet equivalents (Bcfe) of proved oil and natural gas reserves, including 376.5 billion cubic feet (Bcf) of natural gas and 3,603 million barrels (MBbls) of oil and condensate.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/16/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -4.00 %
1 Month down  -12.94 %
3 Months down  -4.00 %
1 YTD up  5.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2010 8:25 AM Buy

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