Harvest Natural Resources (HNR) Reports Q2 Loss of $0.12/Share
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Harvest Natural Resources Announces 2015 Second Quarter Results
August 7, 2015 7:45 AM EDTHOUSTON, Aug. 7, 2015 /PRNewswire/ -- Harvest Natural Resources, Inc. (NYSE: HNR) (Harvest or the Company) today announced 2015 second quarter earnings and provided an operational update.
Harvest reported a second quarter net loss of approximately $25.4 million, or $0.60 per diluted share, compared with a net loss of $1.7 million, or $0.04 per diluted share, for the same period last year. The second quarter results included a non-cash loss on issuance of debt, which is related to the CT Energy transaction, of $20.4 million, or $0.48 per diluted share.  Adjusted for loss on issuance of debt, Harvest would... More
