Encouraging 2017

[...]the company increased its 2016 production guidance while keeping the capital spending budget unchanged at $500 million and should remain close to free cash flow (cash flow from operations less capital spending) neutral for the year.

Saved in:
Bibliographic Details
Published inDow Jones DBR High Yield
Main Authors By Evan Mann; Gimme Credit, By Evan Mann, Credit, Gimme
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 20.06.2016
Subjects
Capital expenditures
Cash flow
Debt management
Energy economics
Financial performance
Petroleum industry
Prices
United States > US
Online AccessGet full text

Cover

More Information
Summary:[...]the company increased its 2016 production guidance while keeping the capital spending budget unchanged at $500 million and should remain close to free cash flow (cash flow from operations less capital spending) neutral for the year.