Printer Friendly

ENEX RESOURCES REPORTS FINANCIAL RESULTS FOR FIRST QUARTER OF 1992

 ENEX RESOURCES REPORTS FINANCIAL RESULTS FOR FIRST QUARTER OF 1992
 KINGWOOD, Texas, April 29 /PRNewswire/ -- Enex Resources Corporation (NASDAQ: ENEX), a company which acquires and manages producing oil and gas properties and markets oil and gas income programs, today reported financial results for the first quarter ended March 31, 1992.
 Net income for the first quarter was $227,746 or $.16 per share, on total
revenues of $1,261,676. This compares with net income of $206,224 or $.14 per share, on revenues of $1,136,208 for the same period of 1991. Cash flow from operations before changes in working capital was $524,438 or $.36 per share. This compares with $417,812 or $.29 per share for the first quarter of 1991.
 Gerald B. Eckley, president of Enex stated, "Earnings and cash flow increased during the first quarter despite gas prices which were the lowest we have seen in the past 15 years. At today's prices, we are actively searching for acquisitions of producing oil and gas reserves for our partnerships and for the corporation."
 -0- 4/29/92
 /CONTACT: Robert E. Densford of Enex Resources, 713-358-8401/
 (ENEX) CO: Enex Resources Corporation ST: Texas IN: OIL SU: ERN


TQ -- NY049 -- 4367 04/29/92 12:15 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 29, 1992
Words:210
Previous Article:JONES MEDICAL REPORTS RECORD FIRST QUARTER WITH NET INCOME UP 33 PERCENT
Next Article:GATEWAY 2000 BUILDS 500,000TH COMPUTER


Related Articles
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND YEAR ENDED DEC. 31, 1991
ENEX RESOURCES REPORTS FINANCIAL RESULTS FOR SECOND QUARTER AND SIX MONTHS OF 1992
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND YEAR ENDED DEC. 31, 1992
ENEX RESOURCES REPORTS FINANCIAL RESULTS FOR FIRST QUARTER OF 1993
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR SECOND QUARTER AND SIX MONTHS OF 1993
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR THIRD QUARTER AND NINE MONTHS OF 1993
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND YEAR ENDED DEC. 31, 1993
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR FIRST QUARTER OF 1995
ENEX RESOURCES CORPORATION REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 1996
Enex Resources Corporation Reports Financial Results for Third Quarter and Nine Months of 1996

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters