Magnum Hunter Resources (NYSE: MHR) announced operational and financial results for Q4’11 and fiscal year end 2011.

MHR reported a Q4’11 net loss of $60.9 million or a loss of $0.46 per share, compared to a net loss of $1.9 million, or a loss of $0.03 per share during Q4’10. Revenues for the quarter totaled $49.1 million, an increase of 404% from Q4’10 revenues. Adjusted EBITDA for the quarter increased 2,281% to $21.2 million compared to Q4’10. The company’s production during Q4’11 increased 547% over Q4’10 to average 9,124 BOEPD (37% oil/liq...


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