- American Eagle reports record quarterly oil production of 125,343 barrels of oil equivalent or an average of 1,362 barrels of oil equivalent per day. Third quarter production was up 6% from 117,164 boe (1,288 boepd) quarter-over-quarter for the period ended June 30, 2013 ("qoq") and up 232% from 37,792 boe (411 boepd) year-over-year for the quarter ended September 30, 2012 ("yoy");
- record quarterly oil sales of $11.6 million, up 12% qoq and up 305% yoy;
- record adjusted EBITDA of $7.2 million or $0.14 per share (basic and diluted);
- adjusted cash flow of $6.0 million or $0.11 per share (basic and diluted); and
- adjusted income of $3.7 million or $0.07 per share (basic and diluted).
Thursday, November 14, 2013
American Eagle Reports 3Q13 Earnings
Press release here.
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