trending Market Intelligence /marketintelligence/en/news-insights/trending/h_EsJpHaYZrmvfch2n2bGA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Montage Resources Q2 adjusted results jump

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Montage Resources Q2 adjusted results jump

Montage Resources Corp. on Aug. 6 reported $14.6 million, or 41 cents per share, in adjusted net income for the second quarter, compared to $2.5 million, or 12 cents per share, in the year-ago quarter.

Net income totaled $27.5 million, compared to a loss of $19.0 million in the prior-year period. The company recorded revenue of $155.5 million, compared to $103.6 million in the second quarter a year earlier.

Montage said production totaled 536 MMcfe/d in the second quarter, compared to 306 MMcfe/d in the year-earlier quarter.

The Appalachian gas driller changed its 2019 production guidance to 535 MMcfe/d to 555 MMcfe/d, up by about 3% based on the midpoint of its previous guidance. The driller's capital expenditure guidance for the year was also revised to $345 million to $370 million, down by about 8% based on the midpoint of its prior guidance.

Montage was known as Eclipse Resources Corp. before it merged with Blue Ridge Mountain Resources Inc. in February.