Rooster Energy Ltd. Reports Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2013
For the year, the company reported revenue of $41,048,401 compared to $34,221,262 a year ago. Operating income was $3,239,373 compared to $2,448,865 a year ago. Loss before tax expense was $2,746,851 compared to income before tax expense of $1,600,331 a year ago. Loss was $2,033,851 or $0.02 basic and diluted per share compared to $3,687,669 or $0.04 basic and diluted per share a year ago. Capital expenditures were $36,361,558 compared to $32,208,705 a year ago. EBITDAX was $23,711,324 compared to $16,721,070 a year ago.
For the quarter, the company reported total production of 1,626 BOE/day compared to 2,819 BOE/day a year ago.
For the year, the company reported total production of 2,190 BOE/day compared to 2,244 BOE/day a year ago.