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For the nine months ended 30 September 2021, StormResources Ltd revenues increased 63% to C$175.5M. Net lossdecreased 47% to C$9.6M. Revenues reflect Natural gassegment increase from C$71M to C$152.4M, Natural GasProduction, Total increase of 21% to 35.8B cubic feet, OilEquivalent Production (Units/day), T increase of 20% to 27Kbarrels per day. Lower net loss reflects Average ProductionCosts per unit, Total decrease of 11% to C$9.31 per barrel.
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 58.9 | 54.1 | 62.51 | 48.15 |
Gross Profit | 47.31 | 42.75 | 52.53 | 38.27 |
Operating Income | 21.01 | 16.35 | 26.05 | 12.12 |
Net Income | -8.86 | -11.84 | 11.15 | 17.87 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 683.57 | 644.74 | 648.94 | 630.27 |
Total Liabilities | 265.87 | 219.97 | 213.49 | 206.74 |
Total Equity | 417.7 | 424.77 | 435.44 | 423.54 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 98.51 | 60.79 | 38.43 | 52.66 |
Cash From Investing Activities | -51.92 | -34.41 | -20.65 | -65.16 |
Cash From Financing Activities | -46.59 | -26.38 | -17.78 | 12.5 |
Net Change in Cash | 0 | 0 | 0 | 0 |
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