Brief: Perpetual Energy Posts Qtrly Loss Per Share Of $0.34

Perpetual Energy

07/11/2019 23:20

Nov 7 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * . REPORTS THIRD QUARTER 2019 FINANCIAL AND OPERATING
RESULTS
    * QTRLY LOSS PER SHARE $0.34
    * PRODUCTION AVERAGED 8,383 BOE/D IN THE THIRD QUARTER OF
2019,
DOWN 12% FROM THE COMPARABLE PERIOD IN 2018
    * QTRLY ADJUSTED FUNDS FLOW EARNINGS PER SHARE $0.07
    * PERPETUAL ENERGY - COMPANY WILL ISSUE ITS 2020 GUIDANCE
ONCE
BORROWING LIMIT REDETERMINATION IS KNOWN AND CAPITAL SPENDING
PLANS HAVE BEEN DETERMINED
    * CAPITAL EXPENDITURE GUIDANCE FOR 2019 IS FORECAST AT $12
MILLION
TO $13 MILLION
    * AVERAGE 2019 PRODUCTION OF 9,000 TO 9,200 BOE/D IS
ANTICIPATED
    * PERPETUAL HAS REDUCED ITS 2019 ADJUSTED FUNDS FLOW
GUIDANCE FROM
RANGE OF $18 MILLION TO $21 MILLION TO RANGE OF $14 MILLION TO
$16 MILLION

Source text for Eikon:  ID:nCNW8nLNSa 
Further company coverage:  PMT.TO 

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