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For the nine months ended 30 September 2017, Fieldpoint Petroleum Corporation revenues increased 20% to $2.4M. Net income totaled $2.2M vs. loss of $2.1M. Revenues reflect Oil and natural gas sales increase of 22% to $2.4M. Net Income reflects Depletion and depreciation decrease of 40% to $539K (expense), General and administrative decrease of 14% to $848K (expense), Accretion of discount on asset retiremen decrease of 5% to $78K (expense).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.7 | 0.9 | 0.84 | 0.77 |
Gross Profit | 0.25 | 0.3 | 0.13 | 0.21 |
Operating Income | -0.23 | -0.22 | -0.34 | -0.33 |
Net Income | 0.9 | 1.75 | -0.41 | -0.39 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 7.97 | 8.02 | 8.59 | 8.77 |
Total Liabilities | 6.6 | 7.55 | 9.86 | 9.82 |
Total Equity | 1.38 | 0.47 | -1.27 | -1.05 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.46 | -0.4 | -0.07 | -0.96 |
Cash From Investing Activities | 3 | 1.82 | -0.26 | -0.15 |
Cash From Financing Activities | -2.93 | -1.93 | 0.19 | 0.53 |
Net Change in Cash | -0.39 | -0.51 | -0.14 | -0.59 |
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