WildHorse Resource Development (WRD) Misses Q3 EPS by 10c, Revenues Beat

Go back to WildHorse Resource Development (WRD) Misses Q3 EPS by 10c, Revenues Beat

WildHorse Resource Development Corporation Announces Third Quarter Results

November 7, 2018 4:05 PM EST

HOUSTON--(BUSINESS WIRE)-- WildHorse Resource Development Corporation (NYSE: WRD) announced today its operating and financial results for the three months ended September 30, 2018. Highlights from the quarter include:

Entered into an Agreement and Plan of Merger (Merger Agreement) on October 29, 2018 with Chesapeake Energy Corporation (Chesapeake) and Coleburn Inc. (Merger Sub), a wholly owned subsidiary of Chesapeake, pursuant to which Chesapeake will acquire WRD in exchange for shares of Chesapeake common stock or a combination of cash and common stock at the election of each WRD stockholder Increased average... More