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BRIEF-Energen reports Q3 adjusted loss per share of $0.20
November 8, 2017 / 11:19 AM / a month ago

BRIEF-Energen reports Q3 adjusted loss per share of $0.20

Nov 8 (Reuters) - Energen Corp:

* Q3 adjusted loss per share $0.20

* Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S

* 4Q17 production guidance raised 5 percent

* ‍3Q17 production of 81.3 Mboepd​

* Revised CY17 production of 73.2 Mboepd is on track to exceed CY16 volumes by 34 percent (prior estimate was 29 percent)​

* Q3 oil production grew 9 percent from 2Q17

* ‍4Q17 production estimate raised for all commodities​

* YoY growth in 4Q exit rate is now estimated to be 60 percent​

* Expect Gen 3 multi-zone pattern wells to continue driving production growth moving forward​

* Raised its production guidance for 2017 by 4 percent to 73.2 Mboepd​

* Now expects 4Q17 volumes to reach 85.7 Mboepd for an increase of 60 percent from same period a year ago​

* Qtrly ‍​total revenues $191.504 million versus $184.385 million

* Qtrly GAAP net loss per share from all operations $0.19

* Q3 earnings per share view $0.16, revenue view $242.9 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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