Tenth Avenue Petroleum Posts Strong Cash Flow Amidst Challenges
Company Announcements

Tenth Avenue Petroleum Posts Strong Cash Flow Amidst Challenges

Story Highlights

Tenth Avenue Petroleum (TSE:TPC) has released an update.

Tenth Avenue Petroleum Corp. reports a second-quarter financial performance marked by strong cash flow despite a slight decrease in production and revenues, and a net loss. The company achieved a record $440,416 in cash flow from operations, up 15% from the previous quarter, while facing a 2% revenue decline and managing a net loss of $228,772.

For further insights into TSE:TPC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTenth Avenue Boosts Oil Recovery with New Well
TipRanks Canadian Auto-Generated NewsdeskTenth Avenue Reports Promising Q1 Performance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App