Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Capital Markets | Private Equity Activity
Earthstone Highlights Bakken Strategy, Ups Revenue in 2013
Print
|
Earthstone Energy Inc. reported net income of $933,000, $0.54 per diluted share, on revenue of $4.5 million for the third quarter of fiscal 2014 compared to net income of $370,000, $0.22 per diluted share, on revenue of $2.8 million for the third quarter of fiscal 2013.
For the nine months ending December 2013, the Company reported net income of $2,850,000, $1.65 per diluted share, on revenue of $12.7 million compared to net income of $1,126,000, $0.65 per diluted share, on revenue of $8.0 million for the same period ended December 2012. Total revenue and net income increased $1,640,000 (58%) and $563,000 (152%), respectively, from the comparable three month prior year period. These results were due to both increases in oil and gas sales volumes and oil and gas prices in 2013 as compared…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Williston Basin News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…
ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…