LRE Energy Raises Qtr. Distribution to $0.48/Share; Offers Production Guidance

Loading...
Loading...
LRR Energy, L.P.
LRE
(“LRR Energy”) announced today that the Board of Directors of its general partner declared an increased cash distribution for the fourth quarter of 2012 of $0.4800 per outstanding unit, or $1.92 on an annualized basis. The distribution will be paid on February 14, 2013, to all unitholders of record as of the close of business on January 30, 2013. 2013 Guidance Based on current estimates, and assuming no future acquisitions, our 2013 guidance is as follows:                       2013 Guidance Daily Production (Boe/d) 6,200 - 6,500   LOE ($/Boe) $10.00 - $10.50   Capital Expenditures ($MM) $26  
Market News and Data brought to you by Benzinga APIs
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: NewsGuidanceDividends
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...