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MAXMF - Southern Energy GAAP EPS of $0.05 revenue of $7.15M
Southern Energy Corp
Southern Energy press release (OTC:MAXMF): Q4 GAAP EPS of $0.05. Revenue of $7.15M (+106.6% Y/Y). Adjusted funds flow from operations in Q4 2021 of $0.02/diluted share. Average realized oil and natural gas prices for Q4 2021 of $74.18/bbl and $5.55/Mcf, respectively. Q4 2021 average production of 12,753 Mcfe/d2 (2,126 boe/d) (91% natural gas), resulting in average production for the year of 12,592 Mcfe/d3 (2,099 boe/d) (92% natural gas), a 6% and 2% decrease from the same periods in 2020, respectively.