Prologis Reports Second Quarter 2021 Earnings Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Capital expenditures were $32.9 million for the first quarter of 2021. At the end of the quarter, the Company turned to sales 9 gross (8.6 net) wells, 6 of which were extended reach lateral (“XRL”) wells. Capital expenditures for the first quarter were below our guidance range of $35 to $40 million as a result of lower than budgeted costs on planned activity, and certain non-well activity that will be completed a few weeks later than planned. The Company expects its full-year capital expenditures to be in the range of $150 to $170 million.
Net oil and gas revenue for the first quarter of 2021 was $74.2 million compared to $62.6 million for the fourth quarter of 2020. The increase was a result of higher oil, natural gas, and NGL realized prices, partially offset by a decline in sales volumes. Crude oil accounted for approximately 67% of total revenue for the quarter. Differentials for the Company’s oil production increased slightly during the quarter to approximately $4.75
Prologis Reports First Quarter 2021 Earnings Results
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SAN FRANCISCO, April 19, 2021 /PRNewswire/ Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, reported results for the first quarter of 2021.
Net earnings per diluted share was $0.49 for the quarter compared with $0.70 for the first quarter of 2020; the decrease was driven by debt extinguishment costs of $187 million. Core funds from operations per diluted share was $0.97 for the quarter compared with $0.83 for the same period in 2020. The robust demand from the fourth quarter has carried into 2021 and is as strong as I have seen in my career, said Hamid R. Moghadam, chairman and CEO, Prologis. Global supply chains are pushing to keep pace with accelerating economic activity, retooling for faster fulfillment and resilience. With our well-positioned portfolio, differentiated customer offerings and abundant investment capacity, we expect to cont
Farmer Mac Reports 2020 Results
- Outstanding Business Volume of $21.9 Billion -
- Announces 10% Dividend Increase -
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WASHINGTON, Feb. 25, 2021 /PRNewswire/ The Federal Agricultural Mortgage Corporation (Farmer Mac;NYSE: AGM and AGM.A), the nation s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, today announced its results for the fiscal quarter and year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Net income attributable to common stockholders was $29.4 million, or $2.73 per diluted common share;
Core earnings, a non-GAAP measure, grew 8% from the prior-year period to $26.4 million, or $2.45 per diluted common share;
Bonanza Creek Energy, Inc. (NYSE: BCEI) (the “Company” or “Bonanza Creek”) today announced its fourth quarter and full-year 2020 financial results, and has