EP Energy Corporation Announces Unaudited Consolidated Earnings and Production Results for the Quarter and Six Months Ended June 30, 2018; Provides Production Guidance for the Second Half and Full Year of Fiscal 2018
For the six months, the company announced net loss of $40 million against $50 million a year ago. Net cash provided by operating activities was $217 million against $181 million a year ago.
For the quarter, the company's equivalent production was 82.5 MBoe/d and oil production was 47.2 MBbls/d.
For the six months, the company's oil production was 46.3 MBbls/d and total production was 81.3 MBbls/d.
For the second half of 2018, the company expects oil production to be between 45-47 MBbls/d and total production to be between 79-82 MBbls/d.
For the fiscal year 2018, the company expects oil production to be between 45-47 MBbls/d and total production to be between 79-82 MBbls/d.