Chaparral Steel Company (CHAP) Tops Q1 EPS by 13c
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Chaparral Energy Announces First Quarter 2020 Financial and Operational Results
May 11, 2020 4:45 PM EDTOKLAHOMA CITY, May 11, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP), (the Company or Chaparral) announced today its first quarter 2020 financial and operational results. The Company will hold its quarterly earnings call Tuesday, May 12, at 9 a.m. Central.
Highlights
Achieved first quarter 2020 production of 30.7 thousand barrels of oil equivalent per day (MBoe/d), exceeding the high end of guidanceReported net income of $4.9 million for the first quarter of 2020, or $0.11 per share, which included a $71.4 million non-cash ceiling test impairment partially offset by a non-cash mark to... More