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Magnum Hunter (MHR +2%) achieves a record average production rate of 12,893 boe/day during Q2,...

Magnum Hunter (MHR +2%) achieves a record average production rate of 12,893 boe/day during Q2, up 161% Y/Y, boosted by acquisitions in the Williston basin in North Dakota and improved results from the Eagle Ford shale in south Texas. While production grew only 2% Q/Q, MHR touts its success in changing its production mix to ~50% oil and liquids.
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  • spondrei
    , contributor
    Comments (78) | Send Message
     
    Watchout for this stock. MHR will be booming in the future.
    31 Jul 2012, 02:41 PM Reply Like
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