Midstates Petroleum (MPO) Tops Q3 EPS by 59c
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Midstates Petroleum Announces Record Third Quarter 2014 Results
November 4, 2014 4:30 PM ESTProduction Volumes, Adjusted EBITDA, and Adjusted Net Income Again Reach New Highs
Cash Operating Costs Decline 18% to $11.21 Per Boe
HOUSTON, Nov. 4, 2014 (GLOBE NEWSWIRE) -- Midstates Petroleum Company, Inc. ("Midstates" or the "Company") (NYSE: MPO) today announced its financial and operating results for the three months ended September 30, 2014. Record financial results were driven primarily by a 6% increase in production volumes and 18% lower cash operating costs per barrel of oil equivalent (Boe) compared with the second quarter of 2014.
Third Quarter Highlights:
... More