Current LONE Stock Info

Texas-based E&P Lonestar Resources US Inc. (ticker: LONE) reported a net loss attributable to its common stockholders of $18.5 million, or ($0.75) per share in Q1 2018. The company produced 7,777 BOEPD on average in the quarter.

CEO Frank D. Bracken, III, said, "In the first quarter, production increased by 48% and realized prices after hedging rose 24%, resulting in a 103% increase in EBITDAX... Given the excellent start, we have increased our 2018 full-year production guidance to 10,300 BOEPD - 11,000 BOEPD, which represents 65% growth...


Legal Notice