HighPoint Resources (HPR) Reports Q1 Loss of $0.05/Share

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Go back to HighPoint Resources (HPR) Reports Q1 Loss of $0.05/Share

HighPoint Resources Reports First Quarter 2019 Financial and Operating Results

May 6, 2019 4:01 PM EDT

Reported production sales volume of 2.8 million barrels of oil equivalent ("MMBoe") (62% oil) for the first quarter of 2019, represents an increase of 46% from the first quarter of 2018 Oil production sales volume of 1.72 million barrels of oil ("MMBbls") for the first quarter of 2019, represents an increase of 51% from the first quarter of 2018  Strong EBITDAX growth of 65% from the first quarter of 2018 driven by higher production, low oil price differential and low cost structure Most recent five wells in Hereford reached average... More