Energen Corporation reported unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total revenue of $226,256,000 against $191,504,000 a year ago. Operating loss was $20,323,000 against $17,938,000 a year ago. Loss before income taxes was $31,872,000 against $27,692,000 a year ago. Net loss was $26,572,000 or $0.27 per basic and diluted share against $18,486,000 or $0.19 per basic and diluted share a year ago. Adjusted net income from continuing operations (Non-GAAP) was $93.5 million or $0.96 per diluted share against $19.2 million or $0.20 per diluted share a year ago. Adjusted EBITDAX from continuing operations (Non-GAAP) was $268.2 million against $174.0 million a year ago. Capital expenditures (including acquisitions) were $396,931,000 against $251,621,000 a year ago.

For the nine months, the company reported total revenues of $922,075,000 against $689,249,000 a year ago. Operating income was $243,220,000 against $97,970,000 a year ago. Income before income taxes was $211,312,000 against $70,766,000 a year ago. Net income was $160,617,000 or $1.65 per diluted share against $44,398,000 or $0.46 per diluted share a year ago.
Capital expenditures were $991,853,000 compared to $971,867,000 for the same period a year ago.

For the quarter, total production volumes were 9,489 MBOE against 7,483 MBOE a year ago. Total average daily production volumes were 103.1 MBOE/d against 81.3 MBOE/d a year ago.

For the nine months, total production volumes were 26,709 MBOE against 18,833 MBOE a year ago. Total average daily production volumes were 97.8 MBOE/d against 69.0 MBOE/d a year ago.

For the third quarter of 2018, the company reported asset impairment of $178,000 against $100,000 a year ago.