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 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.