ALVOF - Alvopetro Energy GAAP EPS of $0.30 revenue of $13.97M

Alvopetro Energy press release (OTCQX:ALVOF): Q1 GAAP EPS of $0.30. Revenue of $13.97M (+101.3% Y/Y). Our daily sales averaged 2,501 boepd in Q1 2022, a 15% increase from the Q1 2021 average of 2,175 boepd and a 3% increase from the Q4 2021 average of 2,432 boepd. In Q1 2022, 96% of our sales volumes were from natural gas. Generated funds flow from operations of $10.9 million ($0.32 per basic share and $0.30 per diluted share) and cash flows from operating activities of $8.3 million ($0.25 per basic share and $0.23 per diluted share).

For further details see:

Alvopetro Energy GAAP EPS of $0.30, revenue of $13.97M