Impact: Slightly negative. Fourth quarter operating results trailed our estimates while the announced 2016e capital program and production guidance will lead our estimates lower. FD&A metrics were strong, though were aided by the production volume royalty sale during the year.
07 Apr 2016
ANNOUNCES 2015 FINANCIAL, OPERATING AND RESERVES RESULTS
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ANNOUNCES 2015 FINANCIAL, OPERATING AND RESERVES RESULTS
Impact: Slightly negative. Fourth quarter operating results trailed our estimates while the announced 2016e capital program and production guidance will lead our estimates lower. FD&A metrics were strong, though were aided by the production volume royalty sale during the year.