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Mission Resources Announces Improved Second-Quarter Results and Strengthened Financial Position.
Business/Energy Editors
HOUSTON--(BUSINESS WIRE)--Aug. 12, 2002
Mission Resources Corporation (Nasdaq:MSSN) today announced a second quarter 2002 adjusted loss of $1.1 million, or $0.05 per fully diluted share, on total adjusted revenues of $32.1 million. Adjusted discretionary cash flow for the period totaled $9.2 million, or $0.39 per diluted share, and adjusted earnings before interest, taxes, depreciation, depletion and amortization (EBITDA) totaled $16.2 million.
On an unadjusted basis, the net loss for the second quarter of 2002 was $6.0 million, or $0.25 per fully diluted share, including a $1.8 million after-tax charge related to the ...
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