Rosehill Resources Inc. Reports Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2018
For the nine months, the company reported total revenue of $218,870,000 compared to $47,461,000 a year ago. Operating income was $43,657,000 compared to loss of $2,224,000 a year ago. Loss before income taxes was $78,459,000 compared to $1,852,000 a year ago. Net loss attributable to company was $23,510,000 compared to $3,207,000 a year ago. Basic and diluted loss per common share was $3.66 compared to $0.55 a year ago. Net cash provided by operating activities was $116,522,000 compared to $35,527,000 a year ago. Additions to oil and natural gas properties were $292,955,000 compared to $93,536,000 a year ago. Additions to other property and equipment were $1,834,000 compared to $343,000 a year ago.
For the quarter, the company reported total net production of 1,817 MBoe compared to 487 MBoe a year ago. Total average daily net production volume was 19,750 Boe/d compared to 5,296 Boe/d a year ago.
For the nine months, the company reported total net production of 4,597 MBoe compared to 1,454 MBoe a year ago. Total average daily net production volume was 16,839 Boe/d compared to 5,327 Boe/d a year ago.