Montage Resources Corp

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 6, 2020. Its latest SEC filing is a SC 13G/A from Feb 16, 2021.

The sections below describe the company as of the FY2019 annual report.

How Did They Make Money?

FY2019 revenue

Did Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2019.

Operating income, FY2019

6% of revenue

▼ −56% vs FY2018 ($94M, 18%)

Net income, FY2019

5% of revenue

▲ +69% vs FY2018 ($18.8M, 4%)

How Were They Changing?

Since the FY2019 annual report

Latest quarter: Q3 FY2020, the three months to Sep 30, 2020

Revenue: ▼ −29%; vs $163.3M in Q3 FY2019
Net income: ▼ Now a loss; vs $4.3M in Q3 FY2019

Grew. Revenue grew 2.5x in 4 years, from $255.3M in FY2015 to $634.4M in FY2019, about 26% a year.

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