Brief: Canacol Energy Ltd Reports A 6% Increase In EBITDAX And An 11% Increase In Adjusted Funds From Operations Per Share In Q4 2020

Canacol Energy (Alberta)

19/03/2021 24:49

March 18 (Reuters) - Canacol Energy Ltd  CNE.TO :
    * CANACOL ENERGY LTD REPORTS A 6% INCREASE IN EBITDAX AND AN
11%
INCREASE IN ADJUSTED FUNDS FROM OPERATIONS PER SHARE IN Q4 2020
    * QTRLY ADJUSTED FUNDS FROM OPERATIONS PER SHARE - $0.20
    * QTRLY NET INCOME AND COMPREHENSIVE INCOME PER SHARE $0.01
    * NET CAPITAL EXPENDITURES FOR THREE MONTHS AND YEAR ENDED
DECEMBER 31, 2020 WERE $29.4 MILLION AND $84 MILLION,
RESPECTIVELY
    * CANACOL ENERGY-TOTAL NATURAL GAS REVENUES, NET OF
ROYALTIES AND
TRANSPORTATION EXPENSES DECREASED 5% TO $60.9 MILLION FOR 3
MONTHS ENDED DECEMBER 31, 2020
    * Q4 EARNINGS PER SHARE VIEW $0.09 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX5Pg9VL 
Further company coverage:  CNE.TO 

 ((Reuters.Briefs@thomsonreuters.com;))