Brigham Exploration Co (BEXP) reported third quarter net income of $491 thousand or $0.01 per share, compared to $15.26 million or $0.33 per share last year.
On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of $0.01 per share. Analysts' estimates typically exclude special items.
Total revenue declined to $19.87 million from $47.19 million in the year ago quarter. Thirteen analysts estimated revenues of $18.67 million.
The company currently anticipates fourth quarter 2009 production volumes to average between 4,700 barrels of oil equivalent per day to 5,200 barrels of oil equivalent per day. The company currently anticipates that oil volumes will comprise approximately 54% of total production volumes for the fourth quarter 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.