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Double Eagle (DBLE) Posts Stronger Results for FY11

March 8, 2012 7:24 AM EST
Double Eagle Petroleum Co. (NASDAQ: DBLE) reported net income of 71 cents per share for fiscal 2011, from 16 cents per share reported in 2010. Revenue over the same period moved from $54.98 million last year to $64.70 million.

Adjusted for certain one-time items, net income rose to $1.88 per diluted share in 2011, from $1.41 per share reported the prior year.


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