Midstates Petroleum (MPO) Reports Q3 EPS of $0.44
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Midstates Petroleum Announces Third Quarter 2018 Results; Reports Net Income of $11.5 Million, $0.44 Per Share
November 8, 2018 4:45 PM ESTTULSA, Okla.--(BUSINESS WIRE)-- Midstates Petroleum Company, Inc.(Midstates or the Company)(NYSE: MPO) today announced its third quarter 2018 operational and financial results.
Third Quarter 2018 Highlights and Recent Key Items
Continued execution of its market-focused strategy aimed at reducing costs, generating substantial free cash flow, improving liquidity and focusing activity to maximize optionality Reported net income of $11.5 million, or $0.44 per share, which includes the impact of a $6.6 million loss on commodity derivative contracts Grew Mississippian Lime production to 17,996 barrels... More