Eclipse Resources Corp. (NYSE: ECR)
Company Overview
Eclipse Resources is a pure play oil and gas E&P company focused on applying state of the art technologies and constant innovation to resources in the Appalachian region of the United States. Eclipse is currently focused on the Utica and Marcellus Shales of southeast Ohio.
- 150,000 net acres
- 347 extended reach locations
- Proved reserves of 1.45 Tcfe (211% YoY growth)
- 15 Super Laterals drilled to date with an average lateral length of 18,375 feet
- Lowering cap expenditures by 20% to $250 million in 2018
Summary
- Q1-2018 Revenue: $110 million
- Q1-2018 Production: 52.5 (MBOE/day)
- Total Common Stock Outstanding: 302 million
- Enterprise Value: $1.1 billion
- Total Debt: $561 million
- 1P Reserves: 243 MMboe
- Operating Margin: +13.20%
Management Team
Benjamin W. Hulbert – Chairman, President, CEO
Oleg Tolmachev – Executive Vice President, COO
Mathew R. DeNezza – Executive Vice President, CFO
Thomas S. Liberatore – Executive Vice President, Corporate Development and Geosciences
Christopher K. Hulburt – Director, Executive Vice President, Secretary and General Counsel
The Oil and Gas Conference®
Eclipse Resources is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
