Markets

Oando Energy Hits Year Highs As Reports Stronger Earnings

Oando Energy Resources Inc. (OER.TO) reported that total comprehensive income increased by 43% to $12.6 million for the nine months ended September 30, 2012 from $8.8 million for the same period last year. Earnings growth per share to $0.12 for the nine months ended September 30, 2012 from $0.07 per share for the same period last year.

Gross revenue from operating activities of $104.8 million for the nine months ended September 30,2012. This represented a 2% decrease from the same period last year.

OER has hit year high $1.89 today. It is now trading at $1.72 per share on volumes of over 76,000.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos