Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

BRIEF-Oryx Petroleum Qtrly loss per share $0.05

Published 2016-08-03, 06:32 p/m
© Reuters. BRIEF-Oryx Petroleum Qtrly loss per share $0.05
FORZ
-

Aug 3 (Reuters) - Oryx Petroleum Corporation Ltd OXC.TO

* Oryx petroleum second quarter 2016 financial and operational results

* Re-Forecasted capital expenditures for 2016 are $32 million, reduced from previous forecast of $62 million.

* Says average gross oil production of 3,100 barrels per day for q2 2016 from demir dagh field

* Expects cash on hand at june 30, 2016, cash receipts to fund expenditures through end of 2017

* "pursuit of growth capital expenditures in 2017 will likely require external funding."

* Says expects gross oil production from hawler license area to approximate 8,000 to 9,000 bbl/d by end of 2016

* Qtrly revenue $7.1 million versus $9.4 million

* Qtrly loss per share $0.05

* Q2 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S

* Q2 revenue view $8.4 million -- Thomson Reuters I/B/E/S Source text for Eikon: ID:nCNWLHbgqa Further company coverage: OXC.TO

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.