Yuma Energy, Inc. Announces Unaudited Consolidated Financial and Production Results for the Third Quarter and Nine Months Ended September 30, 2018
For the nine months, the company reported total revenues of $16,894,968 against $19,516,011 a year ago. Loss from operations was $6,886,162 against $4,390,129 a year ago. Loss before income taxes was $12,700,025 against $822,357 a year ago. Net loss attributable to common stockholders was $13,823,584 or $0.60 per basic and diluted share against $1,879,067 or $0.15 per basic and diluted share a year ago.
For the quarter, the company reported production volumes of crude oil and condensate of 42,642 Bbl against 57,134 Bbl a year ago. Natural gas was 500,969 Mcf against 757,361 Mcf a year ago. Natural gas liquids were 22,894 Bbl against 32,694 Bbl a year ago.
For the nine months, the company reported production volumes of crude oil and condensate of 137,121 Bbl against 199,774 Bbl a year ago. Natural gas was 1,672,650 Mcf against 2,442,899 Mcf a year ago. Natural gas liquids were 77,111 Bbl against 101,260 Bbl a year ago.