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March 31, 2014
08:07 EDTRSPPRSP Permian reports FY13 EPS 56c, consensus 53c
Reports average production of 7,293 Boe/d in 2013, a 43% increase over 2012's average of 5,089 Boe/d; Adjusted EBITDAX of $152M in 2013, a 57% increase over $97M in 2012; Proved reserves of 54 million Boe, an increase of 10 million Boe, or 24%, from 2012 proved reserves of 44 million Boe; Acquisition of Spanish Trail assets for $155M. Says Horizontal Wolfcamp results tracking expectations and early horizontal Spraberry results outperforming type curve and economic returns look as strong as the Wolfcamp. Production volumes for the year ended 2013 averaged 7,293 Boe/d or a total of 2,662 MBoe. Production volumes for the quarter ended December 31, 2013 averaged 7,837 Boe/d or a total of 721 MBoe.
News For RSPP From The Last 14 Days
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December 18, 2014
16:28 EDTRSPPRSP Permian initiated with a Neutral at Guggenheim
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