trending Market Intelligence /marketintelligence/en/news-insights/trending/6YtCF3twqaMzFRrp5amesg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Roan Resources reports YOY rise in 2018 adjusted net income

Q3: U.S. Solar and Wind Power by the Numbers

Path to Carbon-Free Power Generation by 2035

The Growing Importance of Data Centers for European & U.S. Renewable Projects

CAISO and ERCOT Power Forecasts by the Hour

Roan Resources reports YOY rise in 2018 adjusted net income

Roan Resources Inc. on March 18 reported adjusted net income of $140.4 million, or 92 cents per share, for the year ended Dec. 31, 2018, up from $49.0 million, or 49 cents per share, in 2017.

The company's GAAP net loss amounted to $140.7 million for the full-year 2018 compared to net income of $18.5 million a year earlier. An income tax expense amounting to $356.9 million was included in the result for 2018.

Total revenues for the year was $517.82 million, up significantly from $159.59 million in 2017.

Total operating income for the year was pegged at $224.5 million, rising from the $19.9 million reported in 2017.

Total daily volumes for 2018 averaged 43,700 barrels of oil equivalent per day compared to 16,200 boe/d a year earlier. However, there was a slight decrease in prices, as average prices of $27.59/boe for 2018 were down slightly from $28.16/boe in 2017.