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home / news releases / RUBLF - Rubellite Energy GAAP EPS of $0.15

RUBLF - Rubellite Energy GAAP EPS of $0.15

Rubellite Energy

2024-03-15 10:25:22 ET

  • Rubellite Energy press release ( OTCPK:RUBLF ): Q4 GAAP EPS of $0.15.

  • Oil revenue of $27,224,000 vs $14,329,000 a year ago.

  • Achieved fourth quarter conventional heavy crude oil sales production of 4,209 bbl/d, representing a 93% year-over-year increase and an 33% increase from Q3 2023.

  • 2023 sales production of 3,302 bbl/d exceeded guidance and increased 98% relative to 2022.

  • Guidance: Rubellite expects exploration and development capital spending to be approximately $12 - $13 million in the first quarter of 2024.

  • Sees Q1 2024 sales production of 4,450 - 4,500 (bbl/d); 2024 outlook of 4,600 - 4,900 bbl/d....

For further details see:

Rubellite Energy GAAP EPS of $0.15
Stock Information
Company Name: Rubellite Energy
Stock Symbol: RUBLF
Market: OTC
Website: rubelliteenergy.com
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