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Ascent Resources Utica Holdings, LLC Reports Second Quarter Operating And Financial Results

Ascent Resources Utica Holdings, LLC Reports Second Quarter Operating And Financial Results
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Ascent Resources Utica Holdings, LLC Reports First Quarter Operating And Financial Results

First Quarter Highlights:
Averaged net production of approximately 1.8 bcfe per day for the quarter, of which 89% was natural gas
Adjusted EBITDAX
Decreased average well cost
(2) to approximately $564 per lateral foot during the quarter, resulting in capital expenditures incurred of $148 million
Generated $54 million of free cash flow
(1) during the quarter
Eliminated all debt maturities until Q2 2024 with the retirement of our Convertible Notes in March 2021 and the redemption of our Senior Notes due 2022 in April 2021
Borrowing base reaffirmed at $1.85 billion in April 2021
Reiterating annual production, free cash flow and capital guidance for 2021
(1)Â A non-GAAP financial measure.Â See the Non-GAAP reconciliations included in this press release for the definition of, and other important information regarding, this non-GAAP financial measure. ....

United States , Jeff Fisher , Chris Benton , Ascent Resources Utica Holdings , Ascent Resources , Quarter Highlights , Convertible Notes , Senior Notes , Resources Utica Holdings , Chief Executive Officer , Utica Shale , Term Liabilities , Operating Activities , Cash Provided , Investing Activities , Cash Used , Financing Activities , Cash Equivalents , Production Volumes , Gas Equivalents , Daily Net Production Volumes , Sales Prices , Expenditures Incurred , Net Income , Twelve Months , Net Debt ,

Ascent Resources Utica Holdings, LLC Reports First Quarter Operating And Financial Results

/PRNewswire/ First Quarter Highlights: Averaged net production of approximately 1.8 bcfe per day for the quarter, of which 89% was natural gas Adjusted. ....

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Ascent Resources Reports Fourth Quarter And Year-End 2020 Operating And Financial Results And Announces 2021 Guidance

Ascent Resources Reports Fourth Quarter And Year-End 2020 Operating And Financial Results And Announces 2021 Guidance
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Jeff Fisher , Chris Benton , Ascent Resources Utica Holdings , Debt Exchange Fees , Ascent Resources , Resources Utica Holdings , Chief Executive Officer , Convertible Notes , Senior Notes , Expenditures Incurred , Cash Flow , Utica Shale , Term Liabilities , Operating Activities , Cash Provided , Investing Activities , Cash Used , Financing Activities , Cash Equivalents , Production Volumes , Gas Equivalents , Daily Net Production Volumes , Sales Prices , Net Income , Twelve Months ,

Ascent Resources Reports Fourth Quarter And Year-End 2020 Operating And Financial Results And Announces 2021 Guidance

Ascent Resources Reports Fourth Quarter And Year-End 2020 Operating And Financial Results And Announces 2021 Guidance
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Jeff Fisher , Chris Benton , Ascent Resources Utica Holdings , Debt Exchange Fees , Ascent Resources , Resources Utica Holdings , Chief Executive Officer , Convertible Notes , Senior Notes , Expenditures Incurred , Cash Flow , Utica Shale , Term Liabilities , Operating Activities , Cash Provided , Investing Activities , Cash Used , Financing Activities , Cash Equivalents , Production Volumes , Gas Equivalents , Daily Net Production Volumes , Sales Prices , Net Income , Twelve Months ,