Another newer holding, RSP Permian, Inc. (RSPP), is an oil and gas exploration & production company in the Permian Basin in West Texas. RSP has an experienced management team with an excellent track record. Its key acreage position gives it an additional competitive advantage, since this is where the most productive wells are likely to be drilled. As of June 30, 2014, the stock has climbed 58.6% since we initiated our position in January 2014.
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