Brief: Journey Energy Reports Qtrly Loss Per Share $0.36

Journey Energy

05/08/2020 03:17

Aug 4 (Reuters) - Journey Energy Inc  JOY.TO :
    * REPORTS ITS SECOND QUARTER 2020 FINANCIAL AND OPERATING
RESULTS
    * ACHIEVED PRODUCTION OF 7,808 BOE/D IN Q2
    * QTRLY LOSS PER DILUTED SHARE $0.36
    * QTRLY PRODUCTION REVENUE $11.2 MILLION VERSUS $27.4
MILLION
    * QTRLY FUNDS FLOW PER DILUTED SHARE $0.06
    * CO HAS REFRAINED FROM PROVIDING OPERATIONAL AND FINANCIAL
GUIDANCE DUE TO THE HIGH DEGREE OF VOLATILITY IN THE INDUSTRY
    * AT CURRENT STRIP PRICES, CO EXPECTS THAT IT CAN REMAIN
FUNDS
FLOW POSITIVE.

Source text for Eikon:  ID:nCNWdfh8xa 
Further company coverage:  JOY.TO 

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