Pages

Tuesday, August 16, 2011

For Investors -- KOG

Motley Fool -- exciting.
Operations grew phenomenally in the second quarter. Reflected by record production and sales, adjusted EBITDA rose a whopping 377% to $13.7 million when compared to the year-ago quarter. This metric, though a non-GAAP measure, gives an indication of how core operations fared during this period. Obviously, they look good.

Revenues for the quarter rose to $22.1 million -- again, a massive 261% improvement over last year’s second quarter. While higher oil price realizations did play a part, higher sales and higher production were responsible for this impressive show.

Traveling; less blogging. Risk of more typos.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.