Falcon Minerals Corporation (FLMN) Reports In-Line Q4 EPS, Revenues Miss

Falcon Minerals Corporation (NASDAQ: FLMN) reported Q4 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $13.05 million versus the consensus estimate of $15.32 million.

Daniel Herz, President and Chief Executive Officer of Falcon commented, “While we are in a challenging period for energy generally, Falcon was designed not only to withstand this kind of environment, but also to outperform.” Mr. Herz continued, “Falcon benefits from the strength of our operators, who have been consistent in their development of our world class inventory. Our 3.52 net line of sight wells are nicely along in their development which should provide for strong production in 2020 even in this challenging environment. Finally, we remain committed to maintaining a strong balance sheet and delivering value to our shareholders.”

For earnings history and earnings-related data on Falcon Minerals Corporation (FLMN) click here.

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