Eclipse Resources Corporation (NYSE:ECR) – Analysts at Capital One Financial issued their Q4 2017 earnings per share (EPS) estimates for Eclipse Resources in a note issued to investors on Monday. Capital One Financial analyst B. Velie expects that the energy producer will earn ($0.01) per share for the quarter. Capital One Financial has a “Equal Weight” rating on the stock.

A number of other analysts also recently weighed in on the stock. Scotiabank set a $4.00 price target on shares of Eclipse Resources and gave the stock a “hold” rating in a report on Tuesday. Johnson Rice raised shares of Eclipse Resources from an “accumulate” rating to a “buy” rating in a report on Monday. KeyCorp set a $3.00 price target on shares of Eclipse Resources and gave the stock a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research cut shares of Eclipse Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, Barclays set a $2.50 price objective on shares of Eclipse Resources and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $2.96.

Shares of Eclipse Resources (NYSE:ECR) opened at $2.28 on Tuesday. Eclipse Resources has a twelve month low of $1.60 and a twelve month high of $3.32. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.85.

Eclipse Resources (NYSE:ECR) last posted its quarterly earnings data on Wednesday, November 8th. The energy producer reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.02. Eclipse Resources had a negative net margin of 11.46% and a negative return on equity of 3.00%. The firm had revenue of $91.55 million during the quarter, compared to the consensus estimate of $90.67 million. During the same quarter in the previous year, the firm posted ($0.10) EPS. The business’s revenue for the quarter was up 68.4% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sanders Morris Harris LLC increased its position in shares of Eclipse Resources by 3.3% during the third quarter. Sanders Morris Harris LLC now owns 5,321,705 shares of the energy producer’s stock worth $13,304,000 after buying an additional 172,000 shares during the period. Vanguard Group Inc. increased its position in shares of Eclipse Resources by 7.1% during the second quarter. Vanguard Group Inc. now owns 5,318,834 shares of the energy producer’s stock worth $15,212,000 after buying an additional 354,229 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Eclipse Resources by 31.3% during the third quarter. Dimensional Fund Advisors LP now owns 3,987,793 shares of the energy producer’s stock worth $9,970,000 after buying an additional 949,886 shares during the period. Boston Partners increased its position in shares of Eclipse Resources by 21.0% during the third quarter. Boston Partners now owns 2,895,330 shares of the energy producer’s stock worth $7,239,000 after buying an additional 501,660 shares during the period. Finally, Russell Investments Group Ltd. increased its position in shares of Eclipse Resources by 47.9% during the third quarter. Russell Investments Group Ltd. now owns 1,497,129 shares of the energy producer’s stock worth $3,743,000 after buying an additional 485,162 shares during the period. Hedge funds and other institutional investors own 92.53% of the company’s stock.

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Eclipse Resources Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Earnings History and Estimates for Eclipse Resources (NYSE:ECR)

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