Midstates Petroleum (MPO) Tops Q1 EPS by 15c
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Midstates Petroleum Announces First Quarter 2015 Results
May 6, 2015 7:00 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- Midstates Petroleum Company, Inc. (Midstates or the Company) (NYSE: MPO) today announced its financial and operating results for the three months ended March 31, 2015.
First Quarter and Other Highlights:
Achieved Adjusted EBITDA before acquisition and transaction costs and advisory fees of $101.3 million for the first quarter of 2015. Generated Adjusted Net Income of $4.9 million, or $0.07 per common share, compared with Adjusted Net Income of $8.3 million, or $0.13 per common share in the first quarter of 2014. Increased average production in the Mississippian... More