Rosehill Resources Set to Join Russell 3000® Index
June 15 2017 - 8:15AM
Rosehill Resources ("Rosehill" or the “Company”) (NASDAQ:ROSE)
(NASDAQ:ROSEW) (NASDAQ:ROSEU) today announced that it is scheduled
to be added to the Russell 3000® Index, effective after the US
market opens on June 26, 2017 according to a preliminary list of
additions posted June 9.
J.A. (Alan) Townsend, Rosehill Resources’ Chief
Executive Officer commented, “We look forward to joining the
Russell 3000® Index and we believe that it will provide additional
liquidity and create awareness among institutional investors. We
are excited with the opportunities we have in our premier Delaware
Basin asset and with our potential to add value to our
shareholders.”
Each June, the Russell US Indexes are realigned and
recalibrated to reflect market changes in the past year. Russell
indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment
strategies. Approximately $8.4 trillion in assets are benchmarked
against Russell’s US indexes. The final index membership lists,
with breakouts for the Russell 1000® Index, the Russell 2000® Index
and the Russell Midcap Index, will be posted online at
www.ftserussell.com, on Monday, June 26.
About Rosehill Resources Inc.
Rosehill Resources is an oil and gas exploration
company with producing assets in Texas and New Mexico, and its
investment activity is focused on the Delaware Basin portion of the
Permian Basin. The Company’s strategy for growth includes the
organic development of its core acreage position in Loving County
as well as focused acquisitions in the Delaware Basin.
Forward-Looking Statements
This communication includes certain statements that
may constitute "forward-looking statements" for purposes of the
federal securities laws. Forward-looking statements include, but
are not limited to, statements that refer to projections, forecasts
or other characterizations of future events or circumstances,
including any underlying assumptions. The words "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intends,"
"may," "might," "plan," "possible," "potential," "predict,"
"project," "should," "would" and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. Forward-looking
statements may include, for example, statements about: our
opportunities in the Delaware Basin and our ability to execute our
business strategy. These forward-looking statements are based on
information available as of the date of this communication, and
current expectations, forecasts and assumptions, and involve a
number of judgments, risks and uncertainties. Accordingly,
forward-looking statements should not be relied upon as
representing the Company’s views as of any subsequent date, and the
Company does not undertake any obligation to update forward-looking
statements to reflect events or circumstances after the date they
were made, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities
laws. You should not place undue reliance on these forward-looking
statements. As a result of a number of known and unknown risks and
uncertainties, the Company’s actual results or performance may be
materially different from those expressed or implied by these
forward-looking statements. Some factors that could cause actual
results to differ include: (i) changes in applicable laws or
regulations; (ii) the possibility that the Company may be adversely
affected by other economic, business, and/or competitive factors ,
including, but not limited to, future trends in energy markets and
commodity prices; and (iii) other risks and uncertainties described
herein, as well as those risks and uncertainties discussed from
time to time in other reports and other public filings with the
Securities and Exchange Commission (the "SEC") by the Company.
Additional information concerning these and other
factors that may impact our expectations and projections can be
found in our periodic filings with the SEC, including our Annual
Report on Form 10-K for the fiscal year ended December 31, 2016,
and in the definitive proxy statement filed by the Company with the
SEC on April 12, 2017, as amended or supplemented. Our SEC filings
are available publicly on the SEC's website at www.sec.gov. The
Company disclaims any obligation to update the forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
Contact:
Rosehill Resources Inc.
Gary C. Hanna
(713) 654-8080
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