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Resolute Energy Corp. Details 1Q 2014 Financial Results

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May 13, 2014

On May 12, Resolute Energy Corp. (NYSE: REN) detailed its financial results for first-quarter 2014. The quarter ended March 31, the company added.

Adjusted revenue increased 20% during the quarter, the company said, noting that the total amount was $86.1 million, including derivatives losses. The increase was due to higher commodity prices and increased production, Resolute said. First-quarter 2013’s total adjusted revenue was $72 million, including derivatives losses, the company added.

Total lease operating expenses increased 14% over the quarter, to $28.7 million, the company said, noting that this percentage ...

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