Lone Pine Resources (LPR -20.5%) shares are slammed after reporting a Q1 EPS loss of $0.07 vs....

|About: Lone Pine Resources Inc. (LPRI)|By:, SA News Editor

Lone Pine Resources (LPR -20.5%) shares are slammed after reporting a Q1 EPS loss of $0.07 vs. the consensus estimate of a $0.12 profit, and revenues that fell well short of estimates. Oil production rose, but gains were reduced by higher operating expenses and interest expense. LPR also lowered its full-year sales guidance due to production delays.