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0.00811359026369169 0.0096754563894523 -0.0669371196754564 -0.259634888438134 -0.384117647058824 -0.384117647058824 -0.384117647058824 -0.384117647058824
Stock impact report

Yuma Energy's stock rockets off 40-year low after reporting results, providing corporate update [MarketWatch]

YUMA ENERGY INC (YUMA) 
NASDAQ:AMEX Investor Relations: yumaenergyinc.com
Company Research Source: MarketWatch
Yuma Energy's stock rockets off 40-year low after reporting results, providing corporate update Shares of Yuma Energy Inc. YUMA, +301.61% rocketed nearly five-fold (up 366%) in very active afternoon trading Monday to bounce off a 40-year low, after the troubled Houston-based oil and natural gas exploration and production company reported audited second-quarter financial results, and said it has taken "significant steps to arrest the recent declines" of daily production. Trading volume topped 18 million shares, compared with the full-day average of about 316,000 shares. The company had disclosed earlier a net loss that narrowed to $4.0 million, or $2.55 a share, from $4.4 million, or $2.86 a share, in the year-ago period. Sales of natural gas and crude oil dropped 71% to $1.67 million, as total production fell 68% to 53,873 barrels of oil equivalent. The company said it has "substantial doubt" in its ability to continue as a going concern for the 12 months following the release of r Show less Read more
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