Bonanza Creek Energy Inc - Ordinary Shares New

+1.50 (+3.81%)
Other Pre-Announcement

Bonanza Creek Energy Announces Q1 2021 Financial Results

Published: 05/03/2021 21:16 GMT
Bonanza Creek Energy Inc - Ordinary Shares New (BCEI) - Bonanza Creek Energy Announces First Quarter 2021 Financial Results, Initiation of a Quarterly Dividend, and Formation of an Esg Committee of the Board of Directors.
Bonanza Creek Energy - Average Sales Volumes for Q1 2021 of 20.9 Thousand Barrels of Oil Equivalent per Day ("mboe/d").
2q - 4q 2021 Production Guidance of 40.0 to 44.0 Mboe/d With Oil Representing 48% to 52% of Total Volumes.
Total 2021 Annual Capital Expenditures Are Expected to Be Between $150 and $170 Million.
2q - 4q 2021 Loe Guidance of $3.00 to $3.25 per Boe.
Expects Oil Mix Decline to Moderate in 2021 As Activity Resumes.
Net Oil and Gas Revenue for Q1 of 2021 Was $74.2 Million Compared to $62.6 Million for Q4 of 2020.
Qtrly Loss per Share $0.01.
Qtrly Adjusted Net Income per Diluted Share $0.88.
Q1 Earnings per Share View $0.75, Revenue View $62.7 Million -- Refinitiv Ibes Data (analyst estimates).