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Cadogan Share News (CAD)

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IN BRIEF: Cadogan Petroleum Swings To Interim Loss

Thu, 10th Sep 2020 17:55

Cadogan Petroleum PLC - oil and gas company - Swings to pretax loss of USD1.5 million in six months to June 30, from USD2.6 million profit. Revenue falls 62% to USD1.3 million from USD3.3 million a year earlier. Average output falls 23% annually to 230 barrels per day from 297 BPD.

Current stock price: 2.70 pence

Year-to-date change: down 49%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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