Rosehill Resources Inc. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2018
For the six months, the company reported total revenues of $136,313,000 against $32,166,000 a year ago. Operating income was $32,854,000 against $1,002,000 a year ago. Loss before income taxes was $16,492,000 against income before income taxes of $3,273,000 a year ago. Net income was $908,000 against $3,000,000 a year ago. Net income attributable to company common stockholders was $7,858,000 against net loss attributable to company common stockholders of $2,743,000 a year ago. Net cash provided by operating activities was $74,595,000 against $16,883,000 a year ago. Additions to oil and natural gas properties were $204,275,000 against $38,745,000 a year ago. Additions to other property and equipment were $1,634,000 against $128,000 a year ago.
For the quarter, the company reported net production was 1,677 MBoe against 478 MBoe a year ago. Total average daily net production volume of 18,429 Boe/d against 5,258 Boe/d a year ago.
For the six months, the company reported net production was 2,781 MBoe against 967 MBoe a year ago. Total average daily net production volume of 15,365 Boe/d against 5,343 Boe/d a year ago.