2023-04-18 02:39:49 ET
- Southern Energy press release ( OTCQX:SOUTF ): Q4 GAAP EPS of $0.01.
- Revenue of $9.8M (+37.1% Y/Y).
- $3.1M of adjusted funds flow from operations in Q4 2022 ($0.02 per share basic and diluted) compared $1.4M in Q4 2021 ($0.02 per share basic and diluted).
- Average production of 16,084 Mcfe/d (2,681 boe/d) (96% natural gas) during Q4 2022, an increase of 26% from the same periods in 2021.
- Average realized natural gas and oil prices for Q4 2022 of $6.35/Mcf and $81.98/bbl, respectively.
- Exited Q4 2022 with positive net cash of $13.4M.
For further details see:
Southern Energy GAAP EPS of $0.01, revenue of $9.8M