Midstates Petroleum (MPO) Reports Q4 EPS of $1.38 on Revenues of $69.64M
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Midstates Petroleum Announces Fourth Quarter and Full Year 2018 Results
March 13, 2019 4:30 PM EDTTULSA, Okla.--(BUSINESS WIRE)-- Midstates Petroleum Company, Inc.(Midstates or the Company)(NYSE: MPO) today announced its fourth quarter and full year 2018 results.
Fourth Quarter and Full-Year 2018 Highlights and Recent Key Items
Reported net income of $49.8 million, or $1.91 per share, for the full year 2018 and net income of $35.8 million, or $1.38 per share, in the fourth quarter 2018 Announced year-end 2018 SEC proved reserves of 72.4 million barrels of oil equivalent (MMBoe) with a net present value discounted at 10% (PV-10) of approximately $580 million Year-end 2018 SEC proved developed producing (PDP) reserves of... More