Falcon Minerals Corporation (FLMN) Misses Q1 EPS by 1c

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Go back to Falcon Minerals Corporation (FLMN) Misses Q1 EPS by 1c

Falcon Minerals Corporation Reports First Quarter Financial Results and Declares Quarterly Dividend

May 7, 2020 4:41 PM EDT

NEW YORK--(BUSINESS WIRE)-- Falcon Minerals Corporation (Falcon, or the Company, we, our,) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announced financial and operating results for the first quarter and declares its first quarter dividend.

Highlights

Net production of 5,152 barrels of oil equivalent per day (boe/d) for the first quarter 2020 (54% oil). Represents a 28% increase when compared to the fourth quarter of 2019 1.43 net, 61 gross wells were turned in line during the first quarter 2020 Four Hooks Ranch wells were turned in line on February 7, 2020 Aggressive cost cutting beginning March 12, 2020 inclusive of... More