Eclipse Resources (ECR) Tops Q3 EPS by 6c

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Eclipse Resources Corporation Announces Third Quarter 2018 Operational and Financial Results

October 31, 2018 4:15 PM EDT

STATE COLLEGE, Pa.--(BUSINESS WIRE)-- Eclipse Resources Corporation (NYSE: ECR) (the Company or Eclipse Resources) today announced its third quarter 2018 financial and operational results. Additionally, the Company has updated guidance for the full year 2018.

Third Quarter 2018 Highlights:

Average net daily production was 346.4 MMcfe per day, consisting of 72% natural gas and 28% liquids. Realized an average natural gas price, before the impact of cash settled derivatives and firm transportation expenses, of $2.86 per Mcf, a $0.04 per Mcf discount to the average monthly NYMEX settled natural gas price... More