Baron Funds Comments on RSP Permian

Guru stock highlight

Author's Avatar
Mar 16, 2017

RSP Permian, Inc. (NYSE:RSPP) is an independent exploration and production (E&P) company focused on the Permian Basin in West Texas. Shares rose in the fourth quarter after the company raised its production guidance, delivered strong quarterly results, and acquired Silver Hill Energy Partners in the core of the Delaware sub-basin in the Permian. We believe shares will benefit from improvements in operating results and prudent cost management as the company generates peer-leading production growth and integrates the acquired Silver Hill properties in the Delaware Basin.

From Baron Energy and Resources Fund fourth quarter 2016 commentary.