Yuma Energy, Inc. announced unaudited consolidated production and earnings results for the first quarter ended March 31, 2018. For the quarter, the company announced revenues of $5,645,536 compared to $7,144,424 for the same period a year ago. Loss from operations was $1,451,831 compared to $1,024,086 for the same period a year ago. Loss before taxes was $3,172,920 compared to income of $2,628,656 for the same period a year ago. Net loss attributable to common stockholders was $3,536,937 or $0.16 per diluted share compared to income of $2,262,515 or $0.16 per diluted share for the same period a year ago. Net cash used in operating activities was $4,400,810 compared to net cash provided by operating activities of $951,526 a year ago. Capital expenditures for oil and gas properties were $3,507,005 compared to $2,053,826 for the same period a year ago.

For the quarter, the company reported production volumes of crude oil and condensate of 47,157 Bbl against 76,397 Bbl a year ago. Natural gas was 633,440 Mcf against 899,427 Mcf a year ago. Natural gas liquids were 25,243 Bbl against 33,474 Bbl a year ago.