Brief: Journey Energy Says Generates $20.4 Mln In Adjusted Funds Flow For The First Quarter Of 2022, Increases Guidance

Journey Energy

10/05/2022 02:21

May 9 (Reuters) - Journey Energy Inc  JOY.TO :
    * GENERATES $20.4 MILLION IN ADJUSTED FUNDS FLOW FOR THE
FIRST
QUARTER OF 2022, INCREASES GUIDANCE
    * PRODUCED 8,492 BOE/D IN Q1. (53% NATURAL GAS PRODUCTION;
37%
CRUDE OIL; 10% NGL'S)
    * NET INCOME PER BASIC AND DILUTED PER SHARE WAS $0.28 AND
$0.25
RESPECTIVELY FOR Q1
    * SEES 2022 ANNUAL AVERAGE DAILY SALES VOLUMES9,400 - 10,000
BOE/D
(47% CRUDE OIL AND NGL)
    * SEES 2022 ADJUSTED FUNDS FLOW$103 - $109 MILLION

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

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