Petrohawk Energy Corp. (HK) reported that its third-quarter net loss available to common stockholders was $40.18 million or $0.14 per share, compared to net income of $305.47 million or $1.28 per share in the same quarter last year. Net income per share of common stock, excluding selected items, for the quarter were $0.11, down from $0.19 in the year ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenues for the quarter were $237.94 million, compared to $304.96 million in the prior year quarter. Fourteen analysts had consensus revenue estimate of $305.02 million for the quarter.
Production guidance for 2010 is being increased to between 665 and 685 Mmcfe/d, which represents a 43% pro forma increase over 2009, taking into account the sale of the Permian Basin properties.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.