Resolute Energy (REN) Misses Q4 EPS by 23c

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Resolute Energy Corporation Announces ResultsĀ for the Quarter and Full Year Ended December 31, 2017

March 12, 2018 5:39 PM EDT

DENVER, March 12, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (Resolute or the Company) (NYSE: REN) today reported financial and operating results for the quarter and full year ended December 31, 2017.

Highlights:

Fourth quarter 2017 Company production increased 41 percent year-over-year to 27,595 barrels of oil equivalent (Boe) per day and full year production grew by 77 percent to 25,086 Boe per day.Fourth quarter production exceeded the high end of the Companys updated guidance by 595 Boe per day and full year production was approximately at the midpoint of guidance.Fourth quarter Permian Basin production... More