Bonanza Creek Energy (BCEI) Tops Q1 EPS by 18c
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Bonanza Creek Energy Announces First Quarter 2016 Financial and Operating Results
May 5, 2016 5:00 PM EDTFirst quarter production volumes averaged 24.3 MBoe per day, compared to guidance of 23.9 MBoe per day at the midpointAdjusted EBITDAX(1) of $18.5 million; adjusted net loss(1) of $0.46 per diluted shareFirst quarter CAPEX of $20.7 million, a 33% sequential decrease from the fourth quarter of 2015
(1) Non-GAAP measure, see attached Reconciliation Schedules.
DENVER, May 05, 2016 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (the "Company") today announces its first quarter 2016 financial and operating results. The Company has posted a related investor presentation to its website at... More
