HighPoint Resources (HPR) Misses Q2 EPS by 2c, Revenues Beat
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HighPoint Resources Reports Second Quarter 2018 Financial and Operating Results
August 8, 2018 4:35 PM EDTDENVER, Aug. 8, 2018 /PRNewswire/ -- HighPoint Resources Corporation (the "Company" or "HighPoint") (NYSE: HPR) today reported second quarter of 2018 financial and operating results, highlighted by oil volumes above the mid-point of guidance and early positive results from Hereford development activity.
For the second quarter of 2018, the Company reported a net loss of $46.9 million, or $0.22 per diluted share. Adjusted net income for the second quarter of 2018 was a net loss of $3.2 million, or $0.02 per diluted share. EBITDAX for the second quarter of 2018 was $63.1 million. Adjusted net income (loss) and EBITDAX are non-GAAP (Generally Accepted... More
