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Montage Resources

  • Revenue$634.4 MFY, 2019
  • Market Capitalization$193.1 M2020-11-16

OverviewSuggest Edit

Montage Resources is a production company. It is engaged in oil and natural gas production. The company was formed as a result of a merger of Eclipse Resources and Blue Ridge Mountain Resources. 

TypePublic
Founded2018
HQIrving, TX, USMap
Websitemontageresources.com
Employee Ratings4.8

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)159
Revenue (FY, 2019)$634.4 M(+24%)
Share Price (Nov 2020)$5.4
Cybersecurity ratingAMore
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Key People/Management at Montage Resources

John Reinhart

John Reinhart

President & CEO
Randall Albert

Randall Albert

Chairman
Michael Hodges

Michael Hodges

Executive Vice President & CFO
Matt Rucker

Matt Rucker

Executive Vice President & COO
Paul Johnston

Paul Johnston

EVP & General Counsel
Timothy Loos

Timothy Loos

SVP Accounting & Finance
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Montage Resources Office Locations

Montage Resources has offices in Irving, Marietta and Zanesville
Irving, TX, US (HQ)
122 W John Carpenter Fwy #300
Marietta, OH, US
125 Putnam St
Zanesville, OH, US
4900 Boggs Rd
Show all (3)

Montage Resources Financials and Metrics

Montage Resources Revenue

Montage Resources's revenue was reported to be $634.44 m in FY, 2019
USD

Revenue (Q3, 2020)

115.4m

Gross profit (Q3, 2020)

63.4m

Gross profit margin (Q3, 2020), %

55%

Net income (Q3, 2020)

(92.2m)

EBIT (Q3, 2020)

(36.5m)

Market capitalization (16-Nov-2020)

193.1m

Closing stock price (16-Nov-2020)

5.4

Cash (30-Sept-2020)

4.0m

EV

400.6m
Montage Resources's current market capitalization is $193.1 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

137.8m255.3m235.0m383.7m515.1m634.4m

Cost of goods sold

208.8m

Gross profit

425.6m

Gross profit Margin, %

67%
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

27.0m35.7m43.8m74.5m49.6m47.1m54.5m101.9m86.2m91.5m110.2m103.6m130.1m141.5m155.5m163.3m133.4m90.7m115.4m

Cost of goods sold

54.1m51.4m52.0m

Gross profit

79.3m39.3m63.4m

Gross profit Margin, %

59%43%55%
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

67.5m184.4m201.2m17.2m6.0m12.1m

Accounts Receivable

46.4m27.5m43.6m77.6m119.3m77.4m

Current Assets

154.3m269.4m249.6m107.1m133.9m126.0m

PP&E

1.7b994.0m947.5m1.1b1.3b1.8b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

493.4m254.7m295.4m257.6m227.9m135.8m114.1m177.7m160.5m97.1m28.8m21.8m12.0m6.4m7.6m9.4m11.5m7.3m9.2m4.0m

Accounts Receivable

41.6m47.0m41.5m33.0m23.6m16.9m25.5m25.6m33.8m40.4m40.6m113.2m112.2m125.3m120.8m88.8m77.2m60.6m59.8m63.5m

Current Assets

538.7m307.8m390.2m306.5m281.3m207.0m144.7m208.8m198.1m142.3m76.7m143.4m131.5m139.0m137.0m127.4m125.4m129.5m106.7m78.0m

PP&E

1.3b1.6b1.8b1.8b1.8b965.2m954.9m992.3m996.4m1.1b1.1b1.2b1.3b1.3b1.7b1.7b1.7b1.8b1.7b1.7b
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(183.2m)(971.4m)(203.8m)8.5m18.8m31.8m

Depreciation and Amortization

89.2m244.8m92.9m118.8m134.3m

Accounts Payable

29.5m24.7m(2.8m)18.4m84.2m(33.2m)

Cash From Operating Activities

23.3m80.3m6.4m112.7m225.1m255.4m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(131.1m)(150.2m)(34.1m)(76.1m)(157.5m)(40.7m)(113.7m)(140.5m)26.8m38.3m21.6m(2.6m)(21.7m)(17.7m)(14.1m)13.4m17.7m2.8m(66.0m)(158.2m)

Depreciation and Amortization

22.0m52.0m42.4m103.1m170.2m15.1m36.1m64.3m26.2m51.3m86.9m31.2m63.9m98.2m

Accounts Payable

26.3m21.3m(1.4m)29.7m15.5m(32.5m)(13.0m)(33.3m)(15.0m)5.8m(3.3m)(3.2m)9.0m19.0m(68.6m)(56.0m)(40.6m)(43.2m)(40.5m)(40.1m)

Cash From Operating Activities

(6.0m)(12.8m)13.6m49.5m60.7m(19.5m)(17.3m)(28.5m)28.4m65.4m87.2m3.3m50.8m93.4m(8.9m)83.1m176.3m21.5m42.1m72.8m
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USDQ2, 2014

Financial Leverage

1.6 x
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Montage Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

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Montage Resources Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Montage Resources Online and Social Media Presence

Montage Resources's Trends

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Montage Resources News and Updates

October 21, 2020

Rigrodsky & Long, P.A. Files Class Action Suit Against Montage Resources Corporation

WILMINGTON, Del., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Montage Resources Corporation (“Montage” or the “Company”) (NYSE: MR) common …
August 13, 2020

SHAREHOLDER ALERT: WeissLaw LLP Investigates Montage Resources Corporation

NEW YORK, Aug. 12, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Montage Resources Corporation ("MR" or the "Company") (NYSE: MR) in connection with the proposed acquisition of the Company by...
August 12, 2020

Southwestern Energy's stock drops after Montage Resources buyout deal, 55 million share offering

Shares of Southwestern Energy Co. sank 5.6% in premarket trading Wednesday, after the natural gas and oil exploration company announced a stock deal to buy Montage Resources Corp. and said it was launching a 55 million share offering as part of that deal. Under terms of the merger, Montage shareho…

 Montage Resources Frequently Asked Questions

  • When was Montage Resources founded?

    Montage Resources was founded in 2018.

  • Who are Montage Resources key executives?

    Montage Resources's key executives are John Reinhart, Randall Albert and Michael Hodges.

  • How many employees does Montage Resources have?

    Montage Resources has 159 employees.

  • What is Montage Resources revenue?

    Latest Montage Resources annual revenue is $634.4 m.

  • What is Montage Resources revenue per employee?

    Latest Montage Resources revenue per employee is $4 m.

  • Who are Montage Resources competitors?

    Competitors of Montage Resources include Roan Resources, Sabine Oil & Gas and Laredo Petroleum.

  • Where is Montage Resources headquarters?

    Montage Resources headquarters is located at 122 W John Carpenter Fwy #300, Irving.

  • Where are Montage Resources offices?

    Montage Resources has offices in Irving, Marietta and Zanesville.

  • How many offices does Montage Resources have?

    Montage Resources has 3 offices.