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

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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