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ASCENT RESOURCES UTICA HOLDINGS, LLC REPORTS SECOND QUARTER OPERATING AND FINANCIAL RESULTS AND ANNOUNCES UPDATED 2022 GUIDANCE

Posted on August 10, 2022 By No Comments on ASCENT RESOURCES UTICA HOLDINGS, LLC REPORTS SECOND QUARTER OPERATING AND FINANCIAL RESULTS AND ANNOUNCES UPDATED 2022 GUIDANCE

Second Quarter Highlights: Averaged net production of 2.0 bcfe per day for the quarter, while exiting June at 2.2 bcfe per day Realized pre-hedge natural gas equivalent price of $7.58 per mcfe, a $0.41 premium to NYMEX pricing Generated Adjusted EBITDAX(1) of $477 million and net cash…

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