Rosehill Resources Inc. Reports Second Quarter 2019 Results

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Rosehill Resources (ROSE) Tops Q2 EPS by 51c

August 8, 2019 4:59 PM EDT

Rosehill Resources (NASDAQ: ROSE) reported Q2 EPS of $0.54, $0.51 better than the analyst estimate of $0.03. Revenue for the quarter came in at $69.38 million versus the consensus estimate of $80.94 million.

Second Quarter 2019 Highlights and Recent Items:

Average net production of 18,934 barrels of oil equivalent (BOE) per day (BOEPD) (70% oil and 85% total liquids), an increase of 3% compared to the second quarter of 2018 Reported net income attributable to Rosehill of $11.2 million, or $0.54 per diluted share, for the second quarter of 2019, which included a $33.7 million non-cash, pre-tax gain on commodity derivative instruments Delivered Adjusted EBITDAX (a... More