Why HighPoint Resources Corp. Stock Is Surging Today [The Motley Fool]
HIGH POINT RESOURCES CORP (HPR)
Last high point resources corp earnings: 2/26 04:21 pm
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Source: The Motley Fool
Investors liked what they saw after looking past the headline number. Matthew DiLallo ( TMFmd19 ) Nov 1, 2018 at 11:49AM What happened Shares of HighPoint Resources Corp. ( NYSE:HPR ) surged more than 13% by 10:45 a.m. EDT on Thursday after the DJ Basin –focused driller reported solid third-quarter results. So what On the one hand, HighPoint Resources' third-quarter results were a bit of a disappointment after the driller reported an adjusted profit of only $0.01 per share, which missed the consensus estimate by $0.01 per share. However, investors were able to look beyond that headline miss to see the company's strong operational results in the quarter. Image source: Getty Images. One of the highlights was production, which surged 43% year over year thanks to the company's strong drilling results. Early production data from initial d
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