Lonestar Announces Fourth Quarter 2019 Results
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Lonestar Resources US, Inc. (LONE) Reports Q4 Revenues Beat
April 13, 2020 4:05 PM EDTLonestar Resources US, Inc. (NASDAQ: LONE) reported Q4 revenue for the quarter came in at $49.05 million versus the consensus estimate of $30.68 million.
Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "2019 marked a year of continued achievement, both technically and operationally. Continued refinement in our Geo-Engineered drilling and completion process drove positive reserve revisions related to new well performance and pushed Proved reserves to over 100 million barrels of oil... More
