Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) recently reported discretionary cash flow for the third quarter of 2009 of $7.6 million and net income (loss), as adjusted, of $(6.4) million. For the nine months ended September 30, 2009, discretionary cash flow was $50.0 million and net income (loss), as adjusted, was $27.5 million.
Get Rich Penny Stocks is a leading financial publication that is pleased to alert investors of stocks on the move.
Sign Up for our Free Stock Newsletter.
"We continue to make significant progress on our developments in the United Kingdom and build momentum on our initiatives in the United States," said William L. Transier, chairman, chief executive officer and president. "Our third quarter operating results were challenged by planned and unplanned downtime in the North Sea, especially on Goldeneye. We expect the fourth quarter to return to more normal levels. On a GAAP basis, net income (loss) to common stockholders was ($7.2) million for the third quarter of 2009 as compared to $75.5 million in the same quarter in 2008. On a GAAP basis, net income (loss) to common stockholders was ($19.6) million for the nine months ended September 30, 2009 as compared to ($10.7) million in the same period in 2008 Endeavour will host an analyst conference call and web cast today, Wednesday, November 4, 2009, to discuss its 2009 third quarter financial and operating results at 9 a.m. Central Standard Time, 3 p.m. Greenwich Mean Time.
To participate and ask questions during the conference call, dial the local country telephone number and the confirmation code 68628760. The toll-free numbers are 888-713-4217 in the United States and 080-8234-7616 in the United Kingdom. Other international callers should dial 617-213-4869 (tolls apply). To listen only to the live audio web cast access Endeavour's home page. A replay will be available beginning at 12:00 p.m. Central Standard Time on November 4 through 12:00 p.m. on November 11 by dialing toll free 888-286-8010 (U.S.) or 617-801-6888 (international), confirmation code 52548682 Endeavour International Corporation is an oil and gas exploration and production company focused the development, exploration and acquisition of energy reserves in the North Sea and the United States.
Sign up for the Free GetRichPennyStocks Newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
GetRichPennyStocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that could be on the brink of a breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
