General | Quarterly / Earnings Reports
Magnum Hunter Details Appalachian, Williston Midstream Production Growth
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Magnum Hunter Resources Corporation reported financial and operating results for the three months and six months ended June 30, 2013.
Highlights include the following: Total revenue increased 98% to $84.0 million for the second quarter of 2013, as compared to total revenue of $42.5 million for the second quarter of 2012(a) Adjusted EBITDAX(b)(c) was $38.5 million for the second quarter of 2013 Adjusted net loss(b)(c) of ($0.18) per diluted share for the second quarter of 2013 Production(d) of 15,941 Boepd and adjusted production(d)(e) of 17,814 Boepd for the second quarter of 2013 Net income for the second quarter of 2013 was $151.3 million or $0.89 per share Current estimated throughput volumes on Eureka Hunter Pipeline of 125,000 MMBTU per day(a) Does not include revenues from the…
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