Inactive Instrument

Riviera Resources, Inc.

Equities

RVRA

US76964R1041

Riviera Resources, Inc. Revises Production and Earnings Guidance for the Third Quarter of 2018

October 18, 2018 at 11:02 pm

Riviera Resources, Inc. revised production and earnings guidance for the third quarter of 2018. For the quarter, the company updated net production guidance in the range of 296 MMcfe/d to 309 MMcfe/d compared to previous guidance range of 275 MMcfe/d to 305 MMcfe/d, natural gas production guidance in the range of 238 MMcfe/d to 248 MMcfe/d compared to previous guidance range of 225 MMcfe/d to 250 MMcfe/d, oil production guidance in the range of 1,400 Bbls/d to 1,500 Bbls/d compared to previous guidance range of 1,300 Bbls/d to 1,500 Bbls/d and NGL production guidance in the range of 8,200 Bbls/d to 8,600 Bbls/d compared to previous guidance range of 6,900 Bbls/d to 7,700 Bbls/d. The company expected adjusted EBITDAX of $12 million versus previous guidance of $4 million driven by higher upstream production and lower severance costs.

Latest news about Riviera Resources, Inc.

An unknown buyer acquired substantially all upstream assets of Riviera Resources, Inc. for $7.5 million.	10/11/20	CI
Tranche Update on Riviera Resources, Inc.'s Equity Buyback Plan announced on August 22, 2018.	02/11/20	CI
Riviera Resources, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020	02/11/20	CI
Riviera Resources, Inc. Appoints Darren Schluter as Executive Vice President, Effective October 23, 2020	13/10/20	CI
Riviera Resources Announces Cash Distribution, Payable on or Around October 28, 2020	13/10/20	CI
Riviera Resources, Inc. Announces Executive Changes	13/10/20	CI
Riviera Resources, Inc. Announces Management Changes	13/10/20	CI
An unknown buyer acquired Remaining North Louisiana Assets of Riviera Resources, Inc. for approximately $22 million.	12/10/20	CI
Rheinbund, LLC completed the acquisition of Blue Mountain Midstream LLC from Riviera Resources, Inc..	07/10/20	CI
NGLF Energy, LLC completed the acquisition of North Louisiana Properties from Riviera Resources, Inc..	31/08/20	CI
Rheinbund, LLC entered into a Membership Interest Purchase Agreement to acquire Blue Mountain Midstream LLC from Riviera Resources, Inc. for approximately $110 million.	23/08/20	CI
Tranche Update on Riviera Resources, Inc.'s Equity Buyback Plan announced on August 22, 2018.	06/08/20	CI
Riviera Resources, Inc. Announces Consolidated Production Results for the Second Quarter Ended June 30, 2020	06/08/20	CI
Riviera Resources, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020	06/08/20	CI
NGLF Energy, LLC signed a definitive agreement to acquire an unknown stake in North Louisiana Properties from Riviera Resources, Inc. for $26.5 million.	27/07/20	CI
Transcript : Riviera Resources, Inc. - Shareholder/Analyst Call	24/06/20
Tranche Update on Riviera Resources, Inc.'s Equity Buyback Plan announced on August 22, 2018.	07/05/20	CI
Transcript : Riviera Resources, Inc., Q1 2020 Earnings Call, May 07, 2020	07/05/20
Riviera Resources, Inc. Announces Consolidated Production Results for the First Quarter Ended March 31, 2020	07/05/20	CI
Riviera Resources, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020	07/05/20	CI
Riviera Resources, Inc. Approves Cash Distribution, Payable on or Around May 12, 2020	27/04/20	CI
Riviera Resources, Inc. Announces Board Changes	24/04/20	CI
Riviera Resources, Inc. Announces Resignation of C. Gregory Harper Member of Board of Directors , Effective April 27, 2020	16/04/20	CI
Riviera Resources, Inc. Provides Update on Its Operated Drilling Program in the Ruston Field of North Louisiana	09/03/20	CI
Riviera Resources, Inc. Declares Cash Distribution, Payable on April 24, 2020	09/03/20	CI

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Company Profile

Riviera Resources, Inc. is an independent oil and natural gas company. The Company is focused on operating and developing its assets. The Company's properties are located in East Texas, North Louisiana, Michigan/Illinois, and the Uinta Basin and Mid-Continent regions. Its East Texas region includes oil and natural gas properties producing primarily from the Cotton Valley, Travis Peak and Bossier Sand formations. The North Louisiana region consists of properties located in north Louisiana and primarily produces natural gas from the Cotton Valley, Travis Peak and Bossier Sand formations. Uinta Basin region consists of non-operated properties located in the Drunkards Wash field in Utah. Its Mid-Continent region consists of properties located in the Northwest STACK and Arkoma STACK, as well as other Oklahoma properties.

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