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Re: crudeoil24 post# 143964

Monday, 07/06/2020 8:31:46 AM

Monday, July 06, 2020 8:31:46 AM

Post# of 182977
WTRH On a preliminary, estimated basis. Revenue for the second quarter of 2020 was approximately $60 million , compared to $51.3 million in the second quarter of 2019.

Net Income for the second quarter of 2020 was at least $8 million , compared to a net loss of $24.9 million in the second quarter of 2019.

Adjusted EBITDA1 for the second quarter of 2020 was at least $15 million , compared to negative EBITDA of $14.9 million in the second quarter of 2019, an increase of almost $30 million .

As of June 30, 2020 , cash on hand was approximately $66 million .

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