Rosetta Resources

Rosetta Resources is an independent oil and gas company based in Houston, Texas that focuses on the exploration, development, and exploitation of onshore energy resources in the United States. With its primary producing area in the Eagle Ford shale in South Texas and a recent acquisition of substantial acreage in the Permian Basin, the company has shifted its strategy to become an unconventional resource player. This move has facilitated the Eagle Ford shale play to become the largest producing area in their portfolio, with 30 percent of production consisting of natural gas liquids. Established in 2005, Rosetta underwent strategic changes in 2010 by selling legacy assets, enabling the company to streamline and focus on higher-return unconventional resources, with an emphasis on the Eagle Ford. The funds from divestitures have supported their growth in this area. Moving forward, the company is set on five key objectives: developing high-return inventory in Eagle Ford, divesting higher-cost natural gas producing assets to fund and expedite shale initiatives, simplifying and reducing unit cost structure, testing their position in the Southern Alberta Basin, and capitalizing on the cyclical nature of their business. Rosetta Resources holds promise in the Energy and Oil and Gas industries, particularly with its strategic shift and focus on unconventional resources. With a strong presence in key producing areas and a clear growth-oriented strategy, the company presents an intriguing investment opportunity for potential venture capital partners.