Midstates Petroleum (MPO) Reports Q4 Loss Per Share

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Midstates Petroleum Announces Fourth Quarter and Full Year 2017 Results

March 13, 2018 4:34 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Midstates Petroleum Company, Inc. (Midstates or the Company) (NYSE: MPO) today announced its fourth quarter and full year 2017 results.

Fourth Quarter and Full-Year 2017 Highlights and Recent Key Items

Announced a proposed combination with SandRidge Energy, Inc. (SandRidge) in an at-market, all-stock transaction with potential annual cost-saving synergies in excess of $70 million from highly complementary assets Engaged in ongoing discussions with SandRidge on the proposed combination Set market-focused strategy aimed at reducing costs, generating substantial free cash flow, improving liquidity and... More