Prairie Provident Resources Announces Second Quarter 2021 Financial and Operating Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three and six months ended June 30, 2021. PPR’s unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2021 and related Management’s Discussion and Analysis (“MD&A”) for the same periods are available on our website at www.ppr.ca and filed on SEDAR. MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer commented: “The second quarter results demonstrate the underlying value of the portfolio, with strong well results and improved operating netback. The team continues to make significant progress on our decommissioning program...

Questerre reports second quarter 2021 results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2021. Michael Binnion, President and Chief Executive Officer, commented, “We took advantage of higher prices to reduce net debt in the first half of the year. Our net debt stands at under $2 million compared to approximately $8 million at year-end. Although capital spending has been limited to date, if prices remain strong, we could see additional drilling at Kakwa late this fall or early winter.” He added, “During the quarter, we also began work on the carbon dioxide...

Southern States Bancshares Announces Pricing of Initial Public Offering

Written by Customer Service on August 11, 2021. Posted in Public Companies.

ANNISTON, Ala., Aug. 11, 2021 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), announced today the pricing of its initial public offering of 996,429 shares of common stock offered by Southern States and 1,003,571 shares of common stock offered by certain selling stockholders, at a price to the public of $19.00 per share, resulting in estimated net proceeds to Southern States, after deducting underwriting discounts and commissions and estimated offering expenses, of approximately $15.8 million. Southern States’ common stock is expected to begin trading on The NASDAQ Global Select Market under the symbol “SSBK” on Thursday, August 12, 2021. The offering is expected to close on or about August 16, 2021, subject...

Northland Power Reports Second Quarter 2021 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Company Advances on Significant Growth Initiatives in the Quarter, Executes Initial Green Financings and Refines 2021 Financial Guidance due to Lower Performance in the Offshore Wind Facilities TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for three and six months ended June 30, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Our second quarter financial performance was impacted by a lower wind resource in the North Sea, which was trending below the long-term average,” said Mike Crawley, Northland’s President and Chief Executive Officer. “However, these near-term financial impacts do not affect our long-term objectives nor our long-term performance. In the quarter, we continued to execute...

Petrus Resources Announces Second Quarter 2021 Financial & Operating Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2021. Petrus is focused on generating free cash flow for debt repayment and further development of its Ferrier Cardium asset. Throughout the second quarter of 2021, global economies continued to show promise of a post-pandemic recovery. Increased demand for oil and natural gas persisted, which further strengthened commodity prices. Petrus generated funds flow of $8.1 million in the second quarter of 2021, which was 15% higher than in the first quarter of 2021. The Company’s production was 6,309 boe/d in the second quarter of 2021, an increase of 7% from 5,912 boe/d in the first quarter of 2021. The incremental production...

Fortuna Reports Second Quarter Unaudited 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

(All amounts expressed in US dollars, tabular amounts in million, unless otherwise stated) VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported second quarter 2021 net income of $16.2 million, adjusted net income1 of $21.5 million, and adjusted EBITDA1 of $54.9 million. Jorge A. Ganoza, President and CEO, commented, “In spite of COVID-19 related challenges at Lindero, which have led us to revise guidance for the year, our second quarter results continue to reflect the strength of our business with record sales of $120.5 million and consolidated EBITDA1 margins above 45%.” Mr. Ganoza continued, “At Lindero, we have been gradually overcoming the COVID-19 travel restrictions which have limited access to on-site foreign technical support,...

MDxHealth to Present First Half 2021 Financial Results and Corporate Update on August 26

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Company to Host Conference Call and Live Q&A Session, August 26, 2021, at 10:00am PT/ 1:00pm ET/ 19:00 CET IRVINE, CA, and HERSTAL, BELGIUM – August 12, 2021, 1:00 AM (CET)– MDxHealth SA (Euronext: MDXH.BR), a commercial-stage innovative precision diagnostics company, today announced it will release its financial results for the half year ended June 30, 2021, after market close of the Brussels Stock Exchange on Thursday August 26, 2021. Title: MDxHealth Presents First Half 2021 Financial Results and Recent Corporate Update Conference Call and Webcast Speakers: Michael K. McGarrity, Chief Executive OfficerRon Kalfus, Chief Financial Officer Date: Thursday, August 26, 2021 Time: 10:00am PT/ 1:00pm ET/ 19:00 CET Conference Call Dial-in Details: International: 323-794-2093Belgium: 0800 58228The Netherlands: 0800 023 1436United...

CORRECTING and REPLACING – Rackspace Technology Reports Second Quarter 2021 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

In a release issued under the same headline earlier today by Rackspace Technology, Inc. (Nasdaq: RXT), headers have been corrected and replaced in several financial tables. Complete corrected text follows. Rackspace Technology Reports Second Quarter 2021 Results Record Revenue of $744 million in the Second Quarter, up 13% Year-over-Year Core Revenue Grew 17% to $698 million Net loss of $(37) million, or $(0.18) per diluted share Non-GAAP Earnings Per Share Grew 14% Year-over-Year to $0.24 Quarterly Cash Flow From Operating Activities of $106 million SAN ANTONIO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end multicloud technology solutions company, today announced results for its second quarter ended June 30, 2021. Kevin Jones, Chief Executive Officer, commented, “Our second quarter...

Clairvest Reports Fiscal 2022 First Quarter Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2022 first quarter ended June 30, 2021 as well as material events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated) Highlights June 30, 2021 book value was $867.3 million or $57.60 per share compared with $857.8 million or $56.96 per share as at March 31, 2021 Net income for the quarter ended June 30, 2021 was $18.1 million or $1.21 per share Subsequent to quarter end, Clairvest paid $0.5696 in dividends Clairvest’s book value was $867.3 million or $57.60 per share as at June 30, 2021, compared with $857.8 million or $56.96 per share as at March 31, 2021. The increase in book value for the quarter was attributable to net income for the quarter of $18.1 million, or...

VAALCO Energy, Inc. Announces Second Quarter 2021 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Reports Net Income of $5.9 Million, or $0.10 per Diluted Share HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the second quarter of 2021. Highlights and Recent Key Items: Reported strong Q2 2021 net income of $5.9 million ($0.10 per diluted share) and Adjusted Net Income(1) of $8.4 million ($0.14 per diluted share); Generated continued strong Adjusted EBITDAX(1) of $21.9 million in Q2 2021 and has now generated $40.0 million in the first half of 2021, more than VAALCO generated in full years 2019 or 2020; Sold 642,000 barrels of oil in Q2 2021, an increase of 4% over the first quarter of 2021 and above the high end of 2Q 2021 guidance; Produced 8,018 net revenue interest (“NRI”)(2) barrels of crude oil per day (“BOPD”), or 9,216 working...

Day: August 11, 2021

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