Eclipse Resources (ECR) Reports Q4 Loss Per Share of $3.66
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Eclipse Resources Corporation Announces Fourth Quarter and Full Year 2015 Financial and Operational Results, 2016 Capital Budget and the Reaffirmation of Its Revolving Credit Facility Borrowing Base
March 2, 2016 4:30 PM ESTSTATE COLLEGE, Pa.--(BUSINESS WIRE)-- Eclipse Resources Corporation (NYSE: ECR) (the Company or Eclipse Resources) today announced its fourth quarter and full year 2015 financial and operational results, its 2016 Capital Budget, the reaffirmation of its revolving credit facility borrowing base and updated first quarter and full year 2016 guidance.
Fourth Quarter 2015 Highlights:
Net production averaged 247.0 MMcfe/d, which was approximately 5% above the high end of the Companys previously issued guidance range for the quarter, representing a 100% increase to the fourth quarter of 2014 and an approximately 10% sequential increase over the third... More