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Miller Energy Resources Details Recent Financial Results

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July 16, 2014

Miller Energy Resources Inc. (NYSE: MILL) detailed its financial results for both fourth-quarter 2014 and the fiscal year (FY) which ended April 30, the company said July 14.

Production, revenue and adjusted EBITDA all increased in both time frames, the company said.

FY 2014’s total revenues increased 103%, to $70.6 million, compared with FY 2013’s $34.8 million. Fourth-quarter 2014’s total revenues increased 33%, to $22.1 million, compared with $16.6 million in the third quarter, Miller said.

FY 2014’s adjusted EBITDA increased to $37.8 million, compared with a $5.2 million adjusted ...

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