Brief: Perpetual Energy Qtrly Loss Per Share $0.01

Perpetual Energy

28/03/2019 01:00

March 27 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * PERPETUAL ENERGY INC REPORTS FOURTH QUARTER AND YEAR-END
2018
FINANCIAL AND OPERATING RESULTS AND CREDIT FACILITY EXTENSION
    * PRODUCTION AVERAGED 9,491 BOE/D IN Q4, DOWN 19% FROM PRIOR
YEAR
PERIOD AS 2018
    * QTRLY LOSS PER SHARE $0.01
    * QTRLY AFFO PER SHARE $0.13
    * PERPETUAL'S REALIZED NGL PRICE FOR Q4 OF 2018 WAS
$35.73/BBL,
DOWN 34% FROM Q4 OF 2017
    * BOARD HAS APPROVED A TOTAL CAPITAL SPENDING PROGRAM OF $21
TO
$25 MILLION FOR 2019 TO BE FUNDED FROM ADJUSTED FUNDS FLOW
    * QTRLY REALIZED REVENUE WAS $89.2 MILLION, UP 5% FROM PRIOR
YEAR
    * PERPETUAL ENERGY - SEES 2019 AVERAGE PRODUCTION OF 9,200
TO
9,600 BOE/D, WITH OIL AND NGL PRODUCTION GROWING MORE THAN 20%
OF PRODUCTION MIX

Source text for Eikon:  ID:nCNWfgZ8wa 
Further company coverage:  PMT.TO 

 ((Reuters.Briefs@thomsonreuters.com;))