HighPoint Resources Reports Second Quarter 2018 Financial and Operating Results

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Go back to HighPoint Resources Reports Second Quarter 2018 Financial and Operating Results

HighPoint Resources (HPR) Misses Q2 EPS by 2c, Revenues Beat

August 8, 2018 4:52 PM EDT

HighPoint Resources (NYSE: HPR) reported Q2 EPS of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $110.12 million versus the consensus estimate of $100.14 million.

Chief Executive Officer and President Scot Woodall commented, "Our second quarter results demonstrate our continued operating excellence as we reported total equivalent production sales volumes within our guidance range, including oil volumes that were above the mid-point of guidance. During the second quarter, we generated EBITDAX of $63.1 million, an increase of 35% over the first quarter of 2018 and 72% over the second quarter last year. We... More