Seeking Alpha

More on Magnum Hunter's (MHR) Q1 results: Oil and gas production rose 9% Y/Y to 13,769 boe/day,...

More on Magnum Hunter's (MHR) Q1 results: Oil and gas production rose 9% Y/Y to 13,769 boe/day, attributable to prior acquisitions and MHR's successful drilling program in its shale plays. Oil/liquids production mix increased to 61% of overall production vs. 35% in the year-ago quarter. MHR +1.2% premarket. (also: operations update)
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Comments (2)
  • Mike Maher
    , contributor
    Comments (2827) | Send Message
     
    Production would have been 16,000 plus if not for shut ins in Appalachia that have been taken care of. The accounting issues appear to be behind the company, should finally start to trade on fundamentals and not on headline risk.
    9 Jul 2013, 08:33 AM Reply Like
  • Oil Finder
    , contributor
    Comments (215) | Send Message
     
    I'm from Missouri on MHR. I'll believe it when I see it.
    9 Jul 2013, 09:54 AM Reply Like
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