dwms07
8 years ago
UBS Oconnor LLC bought stake in Rice during the third quarter. The firm bought 92,595 shares of the company’s stock, valued at approximately $2,418,000.
BNP Paribas Arbitrage SA bought a new stake in shares of Rice Energy during the second quarter valued at $162,000. Acadian Asset Management LLC bought a new stake in shares of Rice Energy during the second quarter valued at $118,000. IBM Retirement Fund bought a new stake in shares of Rice Energy during the second quarter valued at $265,000. Parkwood LLC increased its stake in shares of Rice Energy by 140.7% in the second quarter. Parkwood LLC now owns 58,883 shares of the company’s stock valued at $1,518,000 after buying an additional 34,422 shares in the last quarter. Finally, Artemis Investment Management LLP bought a new stake in shares of Rice Energy during the second quarter valued at $1,306,000. 91.41% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Rice Energy Inc. (NYSE:RICE) traded up 0.72% during midday trading on Thursday, reaching $20.98. 3,601,326 shares of the company were exchanged. The stock’s 50-day moving average price is $22.01 and its 200-day moving average price is $24.05. Rice Energy Inc. has a 52-week low of $8.06 and a 52-week high of $29.36. The company’s market capitalization is $4.25 billion.
Rice Energy (NYSE:RICE) last issued its quarterly earnings results on Wednesday, November 2nd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.02 by $0.39. Rice Energy had a negative net margin of 61.58% and a positive return on equity of 0.75%. The firm earned $198.90 million during the quarter, compared to analyst estimates of $216.58 million.
Several equities research analysts have recently issued reports on RICE shares. Mizuho started coverage on shares of Rice Energy in a research note on Wednesday, October 5th. They set a “buy” rating and a $43.00 target price on the stock. KLR Group raised their price target on shares of Rice Energy from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, October 3rd. GMP Securities started coverage on shares of Rice Energy in a research note on Wednesday, September 28th. They issued a “buy” rating and a $34.00 price target on the stock. Jefferies Group reaffirmed a “buy” rating and issued a $31.00 price target on shares of Rice Energy in a research note on Tuesday, September 27th. Finally, RBC Capital Markets reaffirmed a “buy” rating and issued a $30.00 price target (up from $29.00) on shares of Rice Energy in a research note on Monday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $27.88.
http://dailyquint.com/2017-01-23-ubs-oconnor-llc-invests-2418000-in-rice-energy-inc-rice/
dwms07
8 years ago
Latest Recommended Buy/Sell Side Ratings:
12/19/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Barclays. They now have a USD 30 price target on the stock.
12/16/2016 – Rice Energy Inc was upgraded to “” by analysts at Goldman Sachs. They now have a USD 29 price target on the stock.
12/08/2016 – Mistubishi UFJ began new coverage on Rice Energy Inc giving the company a “” rating. They now have a USD 30 price target on the stock.
11/21/2016 – Rice Energy Inc was upgraded to “” by analysts at Deutsche Bank. They now have a USD 33 price target on the stock.
11/07/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Williams Capital. They now have a USD 27 price target on the stock.
10/13/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Tudor Pickering.
10/11/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Scotiabank. They now have a USD 32 price target on the stock.
10/05/2016 – Mizuho began new coverage on Rice Energy Inc giving the company a “” rating. They now have a USD 43 price target on the stock.
10/03/2016 – Rice Energy Inc had its “” rating reiterated by analysts at RBC Capital. They now have a USD 30 price target on the stock.
10/03/2016 – Rice Energy Inc had its “” rating reiterated by analysts at KLR Group. They now have a USD 41 price target on the stock.
09/28/2016 – GMP Securities began new coverage on Rice Energy Inc giving the company a “” rating. They now have a USD 34 price target on the stock.
09/27/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Jefferies. They now have a USD 31 price target on the stock.
09/27/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Johnson Rice.
08/30/2016 – Rice Energy Inc was downgraded to “” by analysts at Seaport Global Securities. They now have a USD 29 price target on the stock.
08/05/2016 – Rice Energy Inc had its “” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 30 price target on the stock.
The share price of Rice Energy Inc (NYSE:RICE) was down -1.62% during the last trading session, with a day high of 21.22. 2098375 shares were traded on Rice Energy Inc’s last session.
The stock’s 50 day moving average is 21.77 and its 200 day moving average is 24.00. The stock’s market capitalization is 4.18B. Rice Energy Inc has a 52-week low of 8.06 and a 52-week high of 29.36.
Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Exploration and Production segment operates in the cores of the Marcellus and Utica Shales. The Company controls approximately 231,000 net acres in the Marcellus and Ohio Utica Shale cores. It operates approximately 1,164 drilling locations. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.
http://www.desotoedge.com/stocks/in-volatile-markets-do-analysts-think-you-should-buy-rice-energy-inc-nyserice-5/367400
puravida
9 years ago
Rice Energy Inc. lost $274 million, or $2.06 per share, during the fourth quarter last year. That’s down from a net income of $104 million, or 76 cents per share, during the last three months of 2014.
Its full year income loss was $268 million, or $2.14 per share. In 2014, Rice reported a profit of $219 million, or $1.70 per share.
The Canonsburg oil and gas developer also announced its capital budget for 2016 on Wednesday afternoon. At $640 million, it’s a 14 percent decrease from 2015.
Rice Midstream Partners, a master limited partnership that operates pipelines and compression assets, announced a $150 million capital budget for the year, a 12 percent drop from last year.
puravida
9 years ago
December 23, 2015 Basic Materials No comments
Rice Energy Receives a Hold from Deutsche Bank
By George Macdonald
Deutsche Bank analyst Mimi Kong maintained a Hold rating on Rice Energy (NYSE: RICE) yesterday. The company’s shares closed yesterday at $9.16, close to its 52-week low of $8.01.
Rice Energy has an analyst consensus of Moderate Buy.
The company has a one year high of $25.33 and a one year low of $8.01. Currently, Rice Energy has an average volume of 2.4M.
Unlike Deutsche Bank`s latest rating, based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RICE in relation to earlier this year. Last month, Toby Rice, a the President & COO of RICE bought 7,500 shares for a total of $99,750.
Rice Energy Inc is an independent natural gas and oil company engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. Its segments include Exploration and Production & Midstream
Timothy Smith
9 years ago
This one has started to catch some upgrades recently around Wall Street. Rice Energy Inc. (NASDAQ: RICE) is an independent natural gas and oil company engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquid (NGL) properties in the Appalachian Basin.
As of December 31, 2014, it held approximately 86,000 net acres in the southwestern core of the Marcellus Shale, Pa., and approximately 55,000 net acres in the southeastern core of the Utica Shale located in Belmont County, Ohio.
Timothy Smith
9 years ago
"Occidental Petroleum (OXY +3.7%), Diamondback Energy (FANG +1.2%), Gulfport Energy (GPOR +3.3%) and Rice Energy (RICE +1.3%) are recommended by Sterne Agee CRT analyst Tim Rezvan as "high conviction long ideas" in the energy sector for investors wary of the group amid structural issues facing global oil markets that appear unlikely to abate this year." - Timothy Smith
OXY, FANG, GPOR, RICE attractive amid energy uncertainty, analyst says
http://www.seekingalpha.com/news/2744806
puravida
10 years ago
CANONSBURG, Pa., July 23, 2014 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) will host a conference call on August 11, 2014 at 10:00 a.m. Eastern time (9:00 a.m. Central time) to discuss second quarter 2014 financial and operating results. To listen to a live audio webcast of the conference call, please visit Rice Energy's website at www.riceenergy.com.
A replay of the conference call will be available following the call for two weeks and can be accessed from www.riceenergy.com.
Timothy Smith
10 years ago
The acreage includes ~152 net risked locations, increasing RICE’s Marcellus inventory to 477 net risked locations. Based on $5,000/MCFEPD, we estimate Rice paid ~$10,727/Acre, a fair price in our view, given the acreage is in the core of the Marcellus.