initial public offerings (IPOs) trading on American exchanges

Thursday, July 3, 2014

Eclipse Resources (ECR) began trading on the NYSE on 20 June 2014


Description

Eclipse Resources Corporation is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. As of March 31, 2014, the Company had assembled an acreage position approximating 227,230 net acres in Eastern Ohio. Its Ordovician-aged Utica Shale is an unconventional reservoir comprised of organic-rich black shale, with most production occurring at vertical depths between 6,000 and 10,000 feet. The richest and thickest concentration of organic-carbon content is present within the Point Pleasant layer of the Lower Utica formation. The Company has evaluated the results of 56 wells that have been publicly disclosed within the Utica Core Area, 13 of which it has drilled or participated in. The Marcellus Shale consists of organic-rich black shale, with most production occurring at vertical depths between 5,000 and 8,000 feet.

Address

SUITE 110 2121 OLD GATESBURG ROAD
STATE COLLEGE, PA 16803
United States

Key stats and ratios

Q1 (Mar '14)2013
Net profit margin-74.44%-336.61%
Operating margin-4.86%-175.42%
EBITD margin--108.88%
Return on average assets-6.29%-6.82%
Return on average equity-10.83%-10.96%
Employees159

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