RSP Permian, Inc. Announces First Quarter 2018 Financial and Operating Results
RSP PERMIAN INC (RSPP)
Last rsp permian inc earnings: 5/2 04:15 pm
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US:NYSE Investor Relations:
investorroom.rsppermian.com
Company Research
Source: Business Wire
DALLAS--(BUSINESS WIRE)-- RSP Permian, Inc. (“RSP” or the “Company”) (NYSE: RSPP) today reported financial and operating results for the quarter ended March 31, 2018. In addition, the Company filed its Quarterly Report on Form 10-Q with the Securities and Exchange Commission (the “SEC”). Highlights for the First Quarter 2018 1Q18 production increased 39% to 62.8 MBoe/d (72% oil, 87% liquids), compared to 1Q17 1Q18 net income was $89.6 million, or $0.57 per diluted share and adjusted net income (non-GAAP), which does not include certain items, was $79.0 million, or $0.50 per diluted share 1Q18 adjusted EBITDAX (non-GAAP) increased 65% to $205.2 million compared to 1Q17, and increased 12% compared to 4Q17 Brought in a spot completion crew in late January, replaced by third full-time crew in April Completed 31 g
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