Montage Resources (Montage Resources) Interest Expense : $-59.1 Mil (TTM As of Sep. 2020)

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What is Montage Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Montage Resources's interest expense for the three months ended in Sep. 2020 was $ -14.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-59.1 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Montage Resources's Operating Income for the three months ended in Sep. 2020 was $ -36.2 Mil. Montage Resources's Interest Expense for the three months ended in Sep. 2020 was $ -14.4 Mil. Montage Resources did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Montage Resources Interest Expense Historical Data

The historical data trend for Montage Resources's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Montage Resources Interest Expense Chart

Montage Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-53.40

-50.79

-49.49

-53.99

-59.06

Montage Resources Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Interest Expense	Get a 7-Day Free Trial															-15.19	-14.92	-14.83	-14.93	-14.40

Montage Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.1 Mil.

Montage Resources (NYSE:MR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Montage Resources's Interest Expense for the three months ended in Sep. 2020 was $-14.4 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-36.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $691.4 Mil.

Montage Resources's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Montage Resources did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Montage Resources (Montage Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Montage Resources Corp (NYSE:MR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

122 West John Carpenter Freeway, Suite 300, Irving, TX, USA, 75039

Website

http://www.montageresources.com

Montage Resources Corp is an exploration and production company with approximately 227,000 net effective undeveloped acres currently focused on the Utica and Marcellus Shales of southeast Ohio, West Virginia and North Central Pennsylvania. The company's only segments are oil and natural gas exploration and production.

Executives

Burroughs Mark E Jr	director	1100 LOUISIANA STREET SUITE 4900 HOUSTON TX 77002
D Martin Phillips	director	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Richard D Paterson	director	5 GREEWAY PLAZA SUITE 100, HOUSTON TX 77046
Randall M Albert	director	5 PENN CENTER WEST, SUITE 401, PITTSBURGH PA 15276
Swanson Douglas E Jr	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Timothy J. Loos	officer: SVP Accounting and Finance	122 WEST JOHN CARPENTER FREEWAY SUITE 300 IRVING TX 75039
Matthew Rucker	officer: EVP & Chief Operating Officer	713 MARKET DR, OKLAHOMA CITY OK 73114
Michael L Hodges	officer: EVP & Chief Financial Officer	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Paul M Johnston	officer: EVP & General Counsel	777 POST OAK BLVD #650 HOUSTON TX 77056
John K. Reinhart	director, officer: President and CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Oleg E Tolmachev	other: Former EVP & COO	2121 OLD GATESBURG ROAD SUITE 110 STATE COLLEGE PA 16803
Michael Jennings	director	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Robert L Zorich	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Eugene I Davis	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Todd Bart	officer: VP & Chief Accounting Officer	2121 OLD GATESBURG ROAD, SUITE 110, STATE COLLEGE PA 16801