Resolute Energy (REN) Reports Q3 Loss Per Share of 70c

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Go back to Resolute Energy (REN) Reports Q3 Loss Per Share of 70c

Resolute Energy Corporation Announces Operating and Financial Results for the Quarter Ended September 30, 2018

November 5, 2018 4:15 PM EST

DENVER, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (Resolute or the Company) (NYSE: REN) today reported operating and financial results for the quarter and nine months ended September 30, 2018.

Highlights:

Third quarter 2018 oil production averaged 15,738 barrels of oil per day, an increase of 47 percent over second quarter 2018.Third quarter net loss was $14.3 million; adjusted net income (a non-GAAP measure as reconciled below) was $10.6 million, a $12.2 million improvement from second quarter 2018.Third quarter adjusted EBITDA (a non-GAAP measure as reconciled below) was $67.7 million, up more than... More