Eclipse Resources Corp (NYSE:ECR) Q1 2018 Sentiment

September 8, 2018 - By Vernon Prom

Eclipse Resources Corporation (NYSE:ECR) Logo

Sentiment for Eclipse Resources Corp (NYSE:ECR)

Eclipse Resources Corp (NYSE:ECR) institutional sentiment is 0.95 in Q1 2018. Its the same as in 2017Q4. The ratio is flat, as only 39 active investment managers started new and increased stock positions, while 41 decreased and sold holdings in Eclipse Resources Corp. The active investment managers in our partner’s database now possess: 62.20 million shares, up from 58.75 million shares in 2017Q4. Also, the number of active investment managers holding Eclipse Resources Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 29 Increased: 26 New Position: 13.

Eclipse Resources Corporation, an independent exploration and production company, acquires and develops oil and natural gas properties in the Appalachian Basin. The company has market cap of $386.98 million. The firm owns interests in the Utica Shale and Marcellus Shale areas. It currently has negative earnings. As of December 31, 2016, it had an acreage position approximating 199,000 net acres in Eastern Ohio.

The stock increased 0.79% or $0.01 during the last trading session, reaching $1.28. About 3.16M shares traded or 169.18% up from the average. Eclipse Resources Corporation (NYSE:ECR) has declined 38.43% since September 8, 2017 and is downtrending. It has underperformed by 51.00% the S&P500.

Analysts await Eclipse Resources Corporation (NYSE:ECR) to report earnings on November, 14. They expect $-0.04 earnings per share, down 33.33 % or $0.01 from last year’s $-0.03 per share.

Kohlberg Kravis Roberts & Co. L.P. holds 0.19% of its portfolio in Eclipse Resources Corporation for 11.05 million shares. Jbf Capital Inc. owns 612,376 shares or 0.14% of their US portfolio. Moreover, Magnetar Financial Llc has 0.11% invested in the company for 3.10 million shares. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.11% in the stock. Cortina Asset Management Llc, a Wisconsin-based fund reported 719,764 shares.

Eclipse Resources Corporation (NYSE:ECR) Ratings Coverage

Ratings analysis reveals 60% of Eclipse Resources’s analysts are positive. Out of 5 Wall Street analysts rating Eclipse Resources, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $1.4 while the high is $200. The stock’s average target of $1.85 is 44.53% above today’s ($1.28) share price. ECR was included in 5 notes of analysts from April 11, 2018. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, April 23. The stock has “Hold” rating by BMO Capital Markets on Wednesday, April 11. The company was upgraded on Tuesday, August 28 by Capital One. Stifel Nicolaus maintained Eclipse Resources Corporation (NYSE:ECR) rating on Friday, August 31. Stifel Nicolaus has “Hold” rating and $1.4 target.

More news for Eclipse Resources Corporation (NYSE:ECR) were recently published by: Bizjournals.com, which released: “5 things to know in Texas energy this week” on September 04, 2018. Seekingalpha.com‘s article titled: “E&P Bottom Of The Barrel Club #18-4: The Second Half Kickoff Gets Muffed” and published on September 04, 2018 is yet another important article.

Eclipse Resources Corporation (NYSE:ECR) Institutional Positions Chart

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