FieldPoint Petroleum Corp. (FPP) Reports Q2 EPS of $0.02

FieldPoint Petroleum Corp. (NYSE: FPP) reported Q2 EPS of $0.02, versus $0.05 reported last year. Revenue for the quarter came in at $2.4 million, versus $2.3 million reported last year.

Update on Drilling Activity:

We are pleased with the progress of our Ranger project. We are evaluating the results of the first four wells with our partner to both maximize production and reduce overall drilling costs as we proceed. In addition, we will continue to recomplete and workover wells in our existing portfolio and continue to find new drilling opportunities. We are looking forward to drilling a fourth Bone Spring well in New Mexico, and to increased production as processing capacity is increased in the area.

For earnings history and earnings-related data on FieldPoint Petroleum Corp. (FPP) click here.

You May Also Be Interested In

• Nebius soars on second quarter revenue beat
• Century Therapeutics, Inc. (IPSC) Misses Q2 EPS by 6c
• BrainsWay Ltd. (BWAY) Reports In-Line Q3 EPS, Beats on Revenue; Offers FY26 Revenue Guidance