Magnum Hunter Resources Corp. (MHR) said its net loss attributable to common shareholders amounted to $85.4 million, or $0.54 per share during the fourth quarter. Adjusted for non-cash and non-recurring expenses of $94.3 million, net income attributable to common shareholders for the three months ended December 31, 2012, totaled $8.9 million or $0.05 per share. On average, 15 analysts polled by Thomson Reuters expected loss per share of $0.07 for the quarter. Analysts' estimates typically exclude one-time items.
The firm reported a 101% growth in fourth-quarter revenues to $83.7 million, from $41.6 million a year ago, chiefly due to increases in its oil and natural gas production as a result of a combination of acquisitions and increased drilling efforts completed throughout the year in its unconventional resource plays. Analysts estimated revenues of $82.63 million for the quarter.
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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.