Eclipse Resources (ECR) Misses Q4 EPS by 18c

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Eclipse Resources Corporation Announces Fourth Quarter 2016 and Full Year 2016 Financial and Operational Results

February 28, 2017 5:24 PM EST

STATE COLLEGE, Pa.--(BUSINESS WIRE)-- Eclipse Resources Corporation (NYSE: ECR) (the Company or Eclipse Resources) today announced its fourth quarter and full year 2016 financial and operational results, as well as issued updated guidance for the first quarter of 2017 and full year 2017.

Fourth Quarter 2016 Highlights:

Average net daily production was 255.3 MMcfe per day, exceeding the high end of the Companys previously issued production guidance. Realized an average natural gas price, before the impact of cash settled derivatives and firm transportation expenses, of $2.88 per... More