- Alvopetro Energy press release ( OTCQX:ALVOF ): Q2 GAAP EPS of $0.18.
- Revenue of $15.79M (+92.6% Y/Y).
- Daily sales averaged 2,359 boepd in Q2 2022, consistent with the Q2 2021 average of 2,361 boepd and a 6% reduction from the Q1 2022 average of 2,501 boepd.
- Generated cash flows from operating activities of $13.0M ($0.38 per basic share and $0.35 per diluted share) and funds flows from operations of $12.4M ($0.37 per basic share and $0.34 per diluted share), increases of $7.3M and $7.0M, respectively compared to Q2 2021.
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Alvopetro Energy GAAP EPS of $0.18, revenue of $15.79M