Midstates Petroleum (MPO) Tops Q4 EPS by 17c
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Midstates Petroleum Announces Fourth Quarter and Full Year 2014 Results
March 16, 2015 7:00 AM EDTMississippian Lime Reserves Grew 105% in 2014 from a Successful Drilling Program That Replaced 1,003% of Production from the Area
2015 Capital Expenditure Budget of $250 to $275 Million
HOUSTON--(BUSINESS WIRE)-- Midstates Petroleum Company, Inc. (Midstates or the Company) (NYSE: MPO) today announced its financial and operating results for the three months and full year ended December 31, 2014 as well as year-end 2014 proved reserves and related costs, and disclosed its 2015 guidance for capital expenditures, production and Adjusted EBITDA.
Fourth Quarter and Other Highlights:
Achieved Adjusted EBITDA before acquisition and transaction costs of... More