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TransAtlantic Petroleum Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 8.629 million compared to USD 14.653 million a year ago. Operating income was USD 1.787 million compared to USD 4.113 million a year ago. Net loss was USD 2.959 million compared to net income of USD 1.070 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. For the nine months, total revenue was USD 23.489 million compared to USD 50.909 million a year ago. Operating loss was USD 22.105 million compared to operating Income of USD 13.648 million a year ago. Net loss was USD 34.658 million compared to USD 2.841 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.05 a year ago.
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Revenue | 8.63 | 6.5 | 8.36 | 16.47 |
Gross Profit | 6.32 | 4.12 | 4.84 | 13.17 |
Operating Income | 1.79 | -1.8 | -32.22 | 5.13 |
Net Income | -2.96 | -7.73 | -23.96 | -2.52 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Assets | 84.86 | 94.69 | 103.21 | 136.5 |
Total Liabilities | 58.23 | 65.9 | 65.55 | 82.87 |
Total Equity | 26.63 | 28.79 | 37.66 | 53.63 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 10.98 | 10.26 | 14.09 | 33.2 |
Cash From Investing Activities | -2.45 | -2.18 | -1.64 | -30.83 |
Cash From Financing Activities | -10.85 | -8.78 | -9.39 | -1.09 |
Net Change in Cash | -3.79 | -1.07 | 3.12 | -0.22 |
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