Lonestar Resources rips to quarterly production record [Seeking Alpha]
CARBO CERAMICS (CRR)
Last carbo ceramics earnings: 11/8 05:00 pm
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Source: Seeking Alpha
Seeking Alpha Energy | News On the Move Lonestar Resources rips to quarterly production record Nov. 11, 2019 4:51 PM ET Lonestar Resources US Inc. (LONE) Carl Surran Lonestar Resources (NASDAQ: +9.7% 45% Y/Y increase LONE also says Q3 adjusted EBITDAX rose 33% Q/Q to $37.1M, as higher production more than offset a 24% decline in wellhead prices. For Q4, LONE forecasts production of 17.2K-17.6K boe/day while it reduces the pace of capital spending and completions during the quarter. For the full year, the company says results will exceed already increased guidance of 14.8K-15K boe/day, which would represent a ~35% Y/Y increase in production. See all stocks on the move » Now read: Carbo Ceramics nearly cut in half after big Q3 miss, going concern warning » Try PREMIUM
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