Harvest Natural Resources (HNR) Reports Q1 Loss of $0.27
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Harvest Natural Resources Announces 2016 First Quarter Results
May 17, 2016 6:30 AM EDTHOUSTON, May 17, 2016 /PRNewswire/ -- Harvest Natural Resources, Inc. (NYSE: HNR) (Harvest or the Company) today announced 2016 first quarter earnings and provided an operational update.
Harvest reported a first quarter net loss of approximately $14.1 million, or $0.27 per diluted share, compared with a net loss of $5.6 million, or $0.13 per diluted share, for the same period last year. The first quarter results include exploration charges of $0.7 million, or $0.01 pre-tax per diluted share, and non-recurring items related to a loss on the change in fair value of warrant liabilities of $4.1 million, or $.08 pre-tax... More
