HighPoint Resources (HPR) Misses Q4 EPS by 4c
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HighPoint Resources Reports Fourth Quarter and Year-End 2018 Financial and Operating Results
February 26, 2019 4:02 PM ESTProduction sales volumes of 10.2 million barrels of oil equivalent ("MMBoe") in 2018 represents 45% growth over 2017; oil sales volumes of 6.3 million barrels of oil ("MMBbls") grew 51% over 2017 and represent 62% of total productionProduction sales volumes of 3.11 MMBoe in the fourth quarter of 2018 represents 47% growth over the fourth quarter of 2017; oil sales volumes of 1.97 MMBbls grew 55% over the fourth quarter of 2017 and represent 63% of total productionLease operating expense ("LOE") of $2.74 per Boe in 2018 represents 21% improvement over 2017Delivered a 2018 basin operating margin1 of $37.69 per Boe, an increase of 27% over 2017, driven by high oil weighting, an attractive oil price differential of... More
