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Stock impact report

Bonanza Creek Provides an Operational Update and Announces First Quarter 2020 Conference Call

Bonanza Creek Energy, Inc. (BCEI) 
Last bonanza creek energy, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: bonanzacrk.com/investor-center
Company Research Source: GlobeNewswire
DENVER, April 22, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary first quarter 2020 results, provided an operational update for 2020, and announced the date of its first quarter 2020 earnings release and conference call. Highlights include: First quarter 2020 estimated average sales volumes of 24.8 thousand barrels of oil equivalent per day (“MBoe/d”), with oil representing 54% of total volumesTotal first quarter 2020 capital expenditures of approximately $41 million, significantly below the original 2020 planLease operating expenses (“LOE”) for the quarter are expected to be $2.52 per boe, down 16% from the fourth quarter 2019, and down 15% from full year 2019Recurring cash general and administrative (“G&A”) expenses, which excludes stock-based compensation and cash severance costs, are expected to be $3.44 per boe, down 8% from full year 2019Rocky Mountain Infrastructure (“RMI”) net effective cost Show less Read more
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