Montage Resources (MR) Tops Q3 EPS by 7c, Revenues Miss
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Montage Resources Corporation Announces Third Quarter 2020 Financial Results
November 5, 2020 4:18 PM ESTIRVING, Texas--(BUSINESS WIRE)-- Montage Resources Corporation (NYSE: MR) (the Company or Montage or Montage Resources) today announced its third quarter 2020 operational and financial results.
Third Quarter 2020 Highlights:
Merger with Southwestern Energy Company expected to close following Montage Resources shareholder vote on November 12, 2020 Average net daily production was 602.6 MMcfe per day, above the high end of the Companys previously issued guidance range of 580 to 600 MMcfe per day, consisting of 82% natural gas and 18% liquids Average natural gas equivalent realized price was $2.30 per Mcfe, including cash settled commodity derivatives and... More