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Grizzly Energy, Llc  (VNR)
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    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 



EARNINGS REPORT by CSIMarket

Grizzly Energy, Llc recognizes $323 million charge

Company reports $-372 million loss, as impairment charges strip off $323 million from the second quarter 2019 results.

For the second quarter 2019 Grizzly Energy, Llc increased losses of $-18.49 per share compare to $-2.87 a year ago and increased losses from $-4.09 per share from the previous quarter.

Sales grew by 6.84 % to $71 millions from $66 millions in the same quarter a year ago and sequentially Sales surged by 47.84 % from $48 millions.



For the second quarter 2019 Grizzly Energy, Llc realized net loss of $-372 million, bigger than $-58 million a year ago.

Company's $323 million impairment of assets, was mainly responsible for the second quarter 2019 loss, but without it, Grizzly Energy, Llc would still struggle to break even.


Grizzly Energy, Llc is expected to report next financial results on May 08, 2020.


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In the forth quarter Shentang International, Inc increased losses of $-0.04 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

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For the forth quarter Orchid Island Capital, Inc turn a round at $0.29 per share, compare to results of $-0.52 per share a year ago quarter, In the previous quarter company realized $-0.14 per share.

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Other VNR's Earnings Reports

Grizzly Energy Llc reported first quarter 2019 earnings

Grizzly Energy Llc reported forth quarter 2018 earnings

Grizzly Energy Llc reported third quarter 2018 earnings

             
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