WildHorse Resource Development Corporation (ticker: WRD) reported a net loss available to common stockholders of $123.2 million in Q1 2018, or $(1.24) per share. Net production was 52.4 MBOEPD for the quarter, consisting of 60% oil, 31% natural gas and 9% NGLs. The company said it realized 103% of WTI during Q1 2018. “In 2018, we are further optimizing our
WildHorse Breakout Notes Drew Cozby, CFO of WildHorse Resource Development, (ticker: WRD) presented today at EnerCom’s The Oil & Gas Conference® 22. WildHorse Resource Development has its operations in the Eagle Ford, in Texas, and in the Cotton Valley, in Louisiana. For the Eagle Ford, the company is the second largest acreage holder in the region. In 2017, WildHorse drilled
41 Gen 3 wells on line in the Eagle Ford In its Q2, 2017 earnings call WildHorse Resource Development (ticker: WRD) reported second quarter production of approximately 22,600 BOEPD—which was 28% higher than its average production in Q1, 2017. It achieved a net income of $25.9 million, or $0.28 per share. Drilling activity During the course of Q2, the company
WildHorse Resource Development (ticker: WRD) oversees operations primarily in the Eagle Ford Shale and Cotton Valley formations in East Texas and North Louisiana, respectively. The company expects that it will produce between 27 and 31 MBOEPD in 2017—a significant jump in production from an average 17.6 MBOEPD in Q1, 2017. WildHorse’s Eagle Ford asset In the Eagle Ford play, WildHorse holds
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
