Warren Resources (WRES) Tops Q2 EPS by 4c

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Warren Resources Announces Second Quarter 2014 Financial and Operating Results

August 11, 2014 6:30 AM EDT

Announced $352.5 Million Marcellus Acquisition Total Revenue Increases 14% to $35.0 Million Net income Increases 17% to $10.8 Million, or $0.15 per Diluted Share Oil Production Increases 8% to approximately 281,000 barrels Gas Production Increases 2% to approximately 1.63 Bcf EBITDA* Increases 1% to $21.9 Million

NEW YORK, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq: WRES) today reported its second quarter 2014 financial and operating results. Warren reported net income of $10.8 million, or $0.15 per basic and... More