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Roan Resources: 2Q Earnings Snapshot

August 7, 2019

OKLAHOMA CITY (AP) _ Roan Resources Inc. (ROAN) on Wednesday reported second-quarter earnings of $27.2 million.

The Oklahoma City-based company said it had net income of 18 cents per share. Earnings, adjusted for non-recurring gains, were 11 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 11 cents per share.

The oil and natural gas company posted revenue of $134.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $108.2 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROAN at https://www.zacks.com/ap/ROAN

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