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Oil & Gas Exploration and Production

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Ring Energy Announces Pricing Of Public Offering Of Common Stock

Friday, 23 Feb 2018 08:38am EST

Feb 23 (Reuters) - Ring Energy Inc ::RING ENERGY, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS PUBLIC OFFERING OF 5.36 MILLION COMMON SHARES PRICED AT $14.00PER SHARE.

Perpetual Energy Reports Qtrly Realized Revenue $25.5 Mln

Friday, 23 Feb 2018 08:00am EST

Feb 23 (Reuters) - Perpetual Energy Inc ::PERPETUAL ENERGY INC. REPORTS STRONG FOURTH QUARTER AND YEAR-END 2017 FINANCIAL AND OPERATING RESULTS.PERPETUAL ENERGY QTRLY AVERAGE PRODUCTION OF 11,765 BOE/D, UP 14% FROM Q3.PERPETUAL ENERGY QTRLY REALIZED REVENUE $25.5 MILLION, UP 23 PERCENT FROM Q3.PERPETUAL ENERGY INC - QTRLY ADJUSTED FUNDS FLOW $0.21/SHARE.PERPETUAL ENERGY INC SEES Q1 PRODUCTION TO AVERAGE CLOSE TO 13,300 BOE/D.PERPETUAL ENERGY - FORECASTS AVERAGE ANNUAL PRODUCTION GROWTH OF 17 PERCENT TO ABOUT 11,500 BOE/D FOR 2018.PERPETUAL ENERGY INC - ANTICIPATES TO EXIT 2018 AT APPROXIMATELY 10,700 BOE/D.PERPETUAL ENERGY INC - FORECASTS 2018 ADJUSTED FUNDS FLOW OF $33 TO $37 MILLION ($0.56/SHARE TO $0.62/SHARE).

Cabot Oil and Gas Reports Q4 Loss Per Share Of $0.10

Friday, 23 Feb 2018 06:30am EST

Feb 23 (Reuters) - Cabot Oil & Gas Corp ::ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS, EXPANDS SHARE REPURCHASE PROGRAM AUTHORIZATION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.13.Q4 LOSS PER SHARE $0.10.Q4 EARNINGS PER SHARE VIEW $0.11 -- THOMSON REUTERS I/B/E/S.EXPANSION OF SHARE REPURCHASE PROGRAM AUTHORIZATION TO 30 MILLION SHARES.CABOT OIL & GAS - RECORDED INCOME TAX BENEFIT OF $242.9 MILLION IN QUARTER DUE TO U.S. TAX REFORM.CABOT OIL & GAS - Q4 EQUIVALENT PRODUCTION WAS 172.6 BCFE, CONSISTING OF 164.4 BCF OF NATURAL GAS, 1,238.0 MBBLS OF CRUDE OIL AND CONDENSATE, AND 131.5 MBBLS OF NGLS​.CABOT OIL & GAS SEES Q1 NET PRODUCTION GUIDANCE OF 1,775 TO 1,825 MILLION MMCF PER DAY FOR NATURAL GAS.FROM 2018 TO 2020, EXPECTS TO DELIVER A THREE-YEAR PRODUCTION COMPOUND ANNUAL GROWTH RATE (CAGR) OF 17 TO 21 PERCENT.‍COMPANY ASSUMED NO CAPITAL WAS ALLOCATED TO EXPLORATION IN 2019 AND 2020​.CABOT OIL & GAS SEES Q1 NET PRODUCTION GUIDANCE 500 TO 8,000 BBLS PER DAY FOR CRUDE OIL AND CONDENSATE.CABOT OIL & GAS SEES Q1 NET PRODUCTION GUIDANCE OF 700 TO 800 BBLS PER DAY FOR NGLS.CABOT OIL & GAS - FORECASTED OPERATING EXPENSES FOR THE YEAR ARE NOW EXPECTED TO BE BELOW $1.60/MCFE.‍CABOT HAS REAFFIRMED ITS 2018 DAILY PRODUCTION GROWTH GUIDANCE OF 10 TO 15 PERCENT​.CABOT OIL & GAS - SEES 2018 TO 2020 AFTER-TAX CUMULATIVE FREE CASH FLOW $1.6-$2.5 BILLION BASED ON RANGE OF NYMEX PRICES OF $2.75 TO $3.25 PER MMBTU.CABOT OIL & GAS QTRLY OPERATING. REVENUE $400.5 MILLION VERSUS $316.5 MILLION.

Enerplus Reports Q4 EPS Of C$0.06

Friday, 23 Feb 2018 06:00am EST

Feb 23 (Reuters) - Enerplus Corp ::ENERPLUS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL AND OPERATING RESULTS AND 2017 YEAR END RESERVES.Q4 ADJUSTED EARNINGS PER SHARE C$0.06.Q4 EARNINGS PER SHARE C$0.06.QTRLY PRODUCTION WAS 88,590 BOE PER DAY, AN INCREASE OF 12% FROM Q3 OF 2017.PREVIOUSLY ANNOUNCED 2018 GUIDANCE UNCHANGED.

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