HighPoint Resources Reports Third Quarter 2019 Financial and Operating Results

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HighPoint Resources (HPR) Tops Q3 EPS by 2c

November 4, 2019 5:08 PM EST

HighPoint Resources (NYSE: HPR) reported Q3 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $121.28 million versus the consensus estimate of $126.72 million.

Reported production sales volume of 3.4 million barrels of oil equivalent ("MMBoe") for the third quarter of 2019, represents an increase of 20% over the second quarter of 2019 and a 24% increase over the third quarter of 2018 Oil production sales volume of 2.18 million barrels of oil ("MMBbls") for the third quarter of 2019 or 64% of total equivalent production sales volume, represents an increase of 25% over the second... More