Brief: Journey Energy Q2 Loss Per Share $0.32

Journey Energy

08/08/2018 03:58

Aug 7 (Reuters) - Journey Energy Inc  JOY.TO :
    * REPORTS ITS SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS
    * ACHIEVED PRODUCTION OF 10,036 BOE/D IN THE SECOND QUARTER, A 2% DECREASE FROM THE SECOND
QUARTER
OF 2017
    * LIQUIDS (OIL AND NATURAL GAS LIQUIDS) PRODUCTION ACCOUNTED FOR 4,687 BOE/D OR 47% OF TOTAL
PRODUCTION DURING THE QUARTER
    * QTRLY LOSS PER SHARE $0.32
    * QTRLY PRODUCTION REVENUE  $ 31.7 MILLION VERSUS $ 29.6 MILLION LAST YEAR
    * QTRLY FFO BASIC EARNINGS PER SHARE $0.14
    * QTRLY FFO DILUTED SHARE $ 0.13
    * JOURNEY ENERGY - PRODUCTION VOLUME FORECAST REMAINS UNCHANGED FOR 2018
    * SEES FY FUNDS FLOW PER BASIC WEIGHTED AVERAGE SHARE  $0.66 – $0.73 SHARE
    * SEES FY ANNUAL AVERAGE PRODUCTION  10,100 – 10,300 BOE/D (48% LIQUIDS)
    * SEES FY EXPLORATION AND DEVELOPMENT CAPITAL  $34 MILLION

Source text for Eikon:  ID:nCNWbjNq3a 
Further company coverage:  JOY.TO 

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