Rosetta Resources (NASDAQ:ROSE) is a mid-sized independent energy firm which is engaged in exploration and development of onshore unconventional energy resources. The company has been operating at Eagle Ford in South Texas, but it has now entered the Permian Basin in West Texas. Rosetta has been one of the leading producers at Eagle Ford Shale, which is known for its high quality of crude and NGLs.
Rosetta Resources was formed in mid-2005 by Calpine Corporation (NYSE:CPN), an independent wholesale power producer with a market cap of ~$8.6 billion, through a spinoff of its domestic oil and gas business. Calpine Corporation mainly focuses on its fleet of low-carbon, natural-gas powered, renewable geo-thermal power plants.
Rosetta's main producing...
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