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
PDC Energy (NASDAQ: PETD) announced Q4’11 and year-end 2011 operational and financial results. The company reported a Q4’11 net loss of $8 million, or a loss of $0.35 per share, compared to a net loss of $18 million, or a loss of $0.86 per share in Q4’10. Revenues for Q4’11 totaled $80 million, an increase of 52% compared to $53
Lance Lauck, Senior Vice President, Business Development of PDC Energy (NASDAQ: PETD) presented today at EnerCom’s The Oil & Services Conference™ 10. PDC is an independent natural gas and oil company 40 years in the making. Historically strong and stable, with 2010 as a base year the company anticipates a new phase of growth in the future. PDC has significant
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