Last $6.88 USD
Change Today +0.05 / 0.73%
Volume 239.6K
As of 6:40 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

midstates petroleum co inc (MPO) Snapshot

Open
$6.79
Previous Close
$6.83
Day High
$6.94
Day Low
$6.73
52 Week High
06/23/14 - $7.50
52 Week Low
02/5/14 - $4.13
Market Cap
486.2M
Average Volume 10 Days
432.9K
EPS TTM
$-0.78
Shares Outstanding
70.7M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for MIDSTATES PETROLEUM CO INC (MPO)

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midstates petroleum co inc (MPO) Details

Midstates Petroleum Company, Inc. is engaged in the exploration, development, and production of oil, natural gas liquids, and natural gas in the United States. It primarily focused on oilfields in the Mississippian Lime trend in northwestern Oklahoma; the Anadarko Basin in Texas and Oklahoma; and the Upper Gulf Coast Tertiary trend in central Louisiana. The company was founded in 1993 and is headquartered in Houston, Texas.

199 Employees
Last Reported Date: 08/7/14
Founded in 1993

midstates petroleum co inc (MPO) Top Compensated Officers

Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $220.7K
Senior Vice President of Strategic Planning a...
Total Annual Compensation: $268.3K
Compensation as of Fiscal Year 2013.

midstates petroleum co inc (MPO) Key Developments

Midstates Petroleum Company, Inc. Announces Unaudited Consolidated Earnings Production Results for the Second Quarter and Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings and Production Guidance for the Full Year of 2014

Midstates Petroleum Company, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported adjusted EBITDA of $119,627,000 against $53,368,000 a year ago. Total revenues were $147,990,000 against $126,008,000 a year ago. Operating income was $31,665,000 against $21,947,000 a year ago. Loss before taxes was $2,139,000 against income before taxes of $5,331,000 a year ago. Net loss attributable to common shareholders was $6,904,000 against net income attributable to common shareholders of $459,000 a year ago. Basic and diluted net loss per share attributable to common shareholders was 0.10 cents against basic and income per share attributable to common shareholders of 0.01 cents a year ago. Adjusted net loss non-GAAP was $14,392,000 against income of $4,176,000 a year ago. Net cash provided by operating activities was $79,615,000 against $10,637,000 a year ago. Investment in property and equipment was $164,230,000 against $127,046,000 a year ago. Total capital expenditures incurred were $148,488,000. For the six months, the company reported total revenues of $292,652,000 against $197,030,000 a year ago. Operating loss was $20,313,000 against income of $19,887,000 a year ago. Loss before taxes was $88,054,000 against $7,591,000 a year ago. Net loss attributable to common shareholders was $93,169,000 against $11,437,000 a year ago. Basic and diluted net loss per share attributable to common shareholders was 1.41 cents against 0.17 cents a year ago. EBITDA was $230,922,000 against $109,902,000 a year ago. Adjusted net income non-GAAP was $22,611,000 against adjusted net loss non-GAAP of $2,716,000 a year ago. Net cash provided by operating activities was $177,047,000 against $72,840,000 a year ago. Investment in property and equipment was $279,033,000 against $259,584,000 a year ago. Total capital expenditures incurred were $291,194,000. Production during the second quarter of 2014 totaled 31,912 Boe per day compared to 19,634 Boe per day in the second quarter of 2013 and 29,004 Boe per day during the first quarter of 2014. Second quarter 2014 production from the company's Mississippian Lime properties contributed roughly 65%, or 20,698 Boe per day, and the Anadarko Basin properties contributed roughly 28%, or 8,885 Boe per day, while Gulf Coast properties contributed the balance of 2,329 Boe per day. For the total company, oil volumes comprised 45% of total production, NGLs 21%, and natural gas 34% during the second quarter. For the six months, the company reported oil production was 2,337 Boe per day against 4,295 Boe per day a year ago. Natural gas liquids production averaged 552 barrels per day against natural gas liquids production averaged 1,033 barrels per day a year ago. Average daily production was 3,283 Boe per day against 6,640 Boe per day a year ago. In the comparable basis, oil production averaged 13,856 barrels per day against 8,345 Boe per day a year ago. NGL production averaged 62,086 barrels per day against 38,005 barrels per day a year ago. Natural gas liquids averaged was 6,263 mcf per day against 3,251 mcf per day a year ago. The company reaffirmed 2014 annual production guidance of 32,000 to 35,000 Boe per day. For the full year 2014, operating capital expenditures of $500 to $550 million and reconfirmed the intent to balance full year capital expenditures with anticipated 2014 Adjusted EBITDA of approximately $500 to $550 million.

Midstates Petroleum Company, Inc. to Report Q2, 2014 Results on Aug 05, 2014

Midstates Petroleum Company, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 05, 2014

Midstates Petroleum Company, Inc., Q2 2014 Earnings Call, Aug 06, 2014

Midstates Petroleum Company, Inc., Q2 2014 Earnings Call, Aug 06, 2014

 

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Price/Book 1.8x
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