RSP Permian

General Information

We are an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The vast majority of our acreage is located on large, contiguous acreage blocks in the core of the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson and Ector. Since our inception in 2010, we have participated in the drilling of over 300 vertical Wolfberry wells and served as the operator of over 180 of those wells. In late 2012, our primary focus shifted to drilling horizontal wells. We believe horizontal drilling provides more attractive returns on a majority of our acreage. We target the multiple oil and natural gas producing stratigraphic horizons, or stacked pay zones, on our properties.

Employees: 35
Founded: 2010
Contact Information
Address 3141 Hood Street, Suite 701, Dallas, TX 75219, US
Phone Number 214-252-2700
Web Address
View Prospectus: RSP Permian
Financial Information
Market Cap $1450.0mil
Revenues $113.5 mil (last 12 months)
Net Income $42.1 mil (last 12 months)
IPO Profile
Symbol RSPP
Shares (millions): 20.0
Price range $19.50 - $19.50
Est. $ Volume $390.0 mil
Manager / Joint Managers Barclays/ J.P. Morgan/ Tudor, Pickering, Holt/ Raymond James/ RBC Capital Markets/ UBS Investment Bank
CO-Managers Jefferies
Expected To Trade: 1/17/2014
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change