Anderson Energy posts loss of $2.6 million in 4th quarter

CALGARY – CALGARY, Alberta (AP) _ Anderson Energy Ltd. (AXLFF) on Tuesday reported a loss of $2.6 million in its fourth quarter.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 2 cents.

The oil and natural gas company posted revenue of $3.7 million in the period.

For the year, the company reported that its loss narrowed to $13.4 million, or 8 cents per share. Revenue was reported as $18.8 million.

The company’s shares closed at cents. A year ago, they were trading at 6 cents.


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Keywords: Anderson Energy, Earnings Report