SDX Energy reported its 2017 Q3 earnings on 21 November. The company has reported a comprehensive income of US$4.4 million for the quarter to give US$30.9 million for the year to date. The company had an underlying netback (revenues less operating costs) of US$7.5 million. The balance sheet has been further strengthened by the US$10 million placing in September to leave net cash at US$30.5 million up from US$27.6 million at Q2 2017. This placing was to accelerate the company’s drilling
01 Dec 2017
Q3 Results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q3 Results
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.47m
- Published:
01 Dec 2017 -
Author:
Peter Hitchens -
Pages:
6
SDX Energy reported its 2017 Q3 earnings on 21 November. The company has reported a comprehensive income of US$4.4 million for the quarter to give US$30.9 million for the year to date. The company had an underlying netback (revenues less operating costs) of US$7.5 million. The balance sheet has been further strengthened by the US$10 million placing in September to leave net cash at US$30.5 million up from US$27.6 million at Q2 2017. This placing was to accelerate the company’s drilling