Warren Resources, Inc. (WRES) Misses Q4 EPS by 3c; Sees FY12 CapEx of $68M in CA
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Price: $0.09 --0%
Financial Fact:
Gain (loss) on derivative financial instruments: 8.78M
Today's EPS Names:
MSGM, SMID, VISL, More
Financial Fact:
Gain (loss) on derivative financial instruments: 8.78M
Today's EPS Names:
MSGM, SMID, VISL, More
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Warren Resources, Inc. (NASDAQ: WRES) reported Q4 EPS of $0.04, $0.03 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $27.3 million versus the consensus estimate of $26.93 million.
The Company intends to fund 2012 capital expenditures primarily with cash flow from operations. Based on the 2012 commodity price outlook and hedge positions, the Company forecasts a 2012 capital expenditure budget of approximately $68 million in California.
For earnings history and earnings-related data on Warren Resources, Inc. (WRES) click here.
The Company intends to fund 2012 capital expenditures primarily with cash flow from operations. Based on the 2012 commodity price outlook and hedge positions, the Company forecasts a 2012 capital expenditure budget of approximately $68 million in California.
For earnings history and earnings-related data on Warren Resources, Inc. (WRES) click here.
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