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Company News Summary

Sundance Energy Australia Provides First Quarter 2019 Earnings Presentation

17 May 2019  |  07:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: First Quarter 2019 Earnings Conference Call - Presentation

Sundance Energy Australia provided First Quarter 2019 earnings presentation. It reported average daily sales volumes of 12,302 boe/d, at top end of public guidance. The 1Q 2019 EBITDAX of $31.7m met guidance target. Debt-to-Expected 2019 EBITDAX is of sub 2.0x; no debt maturities until 4Q 2022. It reported no debt maturities until fourth quarter of 2022. 2019 is anticipated to be a deleveraging year, with peak net debt coming in 2Q19.

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