Release of Report for Q2 2019 of Corral Petroleum Holdings AB
Release of Report for the Second Quarter Ended June 30, 2019 Of Corral Petroleum Holdings AB
STOCKHOLM, Aug. 30, 2019 /PRNewswire/ -- This report includes unaudited consolidated financial information of Corral Petroleum Holdings AB (publ) ("Corral Petroleum Holdings") and its consolidated subsidiaries, for the second quarter of 2019 and for the comparative periods in 2018. Note that due to the rounding of figures in the tables to the nearest SEK million, the sum is not always exactly equal to the sum of all components.
Financial Highlights ? Second Quarter 2019
Sales revenue for the second quarter of 2019 amounted to 22,771 MSEK compared to 23,401 MSEK in the second quarter of 2018.
EBITDA (1) for the second quarter of 2019 amounted to 820 MSEK compared to 1,670 MSEK in the second quarter of 2018.
Adjusted EBITDA1for the second quarter of 2019 amounted to 454 MSEK compared to 847 MSEK in the second quarter of 2018.
Operating profit for the second quarter of 2019 amounted to 442 MSEK compared to an operating profit of 1,413 MSEK in the second quarter of 2018.
Net loss for the second quarter of 2019 amounted to 50 MSEK compared to a net profit of 362 MSEK in the second quarter of 2018.
Cash flow used in operating activities for the second quarter of 2019 amounted to -6,881 MSEK compared to cash flow used in operating activities of -1,197 MSEK in the second quarter of 2018.
Weighted refining margin for the second quarter of 2019 was 3.94 $/bbl compared to 4.65 $/bbl in the second quarter of 2018.
Apr 1 - Jun 30
Jan 1 - Jun 30
Full year
MSEK
2019
2018
2019
2018
2018
2017
Sales revenue
22,771
23,401
44,030
44,010
92,553
68,752
Gross profit
884
1,839
1,706
2,182
4,024
5,312
EBITDA1
820
1,670
1,639
1,901
3,469
5,047
Adjusted EBITDA1
454
847
1,002
1,175
3,571
4,189
Operating profit
442
1,413
963
1,391
2,432
4,047
Profit/loss before taxes
-28
412
-396
-375
8
2,926
Net profit/loss
-50
362
-335
-252
113
2,267
1 For a reconciliation of our operating profit to EBITDA and EBITDA to Adjusted EBITDA, please see the financial statements section on page 15.
An international conference call for investors and analysts will be held on September 3, 2019 at 3:00 pm CET.
The call-in number is US + 1-212-999-6659, UK +44(0)20-3003-2666 and Sweden +46(0)8-505 204-24
Meeting code: Corral Q2.
The report for the third quarter of 2019 will be released on November 27, 2019
For further information, please contact: Amelie Wilson Investor Relations Manager Tel: + 46-10-450 1010 Email: [email protected]
FE Battery Metals Corp. (the "Company") (WKN:A2JC89) is pleased to announce it has closed the first tranche of the non-brokered private placement previously announced on April 16, 2024, for gross proceeds of up to $1,000,000. As part of the...
SECURE ENERGY Services Inc. ("SECURE", the "Corporation", "we" or "our") is pleased to announce that all of the nominees proposed as directors and listed in the management information circular and proxy statement dated March 11, 2024 (the...
CenterPoint Energy, Inc. announced the results of the voting by shareholders at its 2024 annual meeting. Shareholders approved the following proposals:...
CenterPoint Energy, Inc.'s Board of Directors today declared a regular quarterly cash dividend of $0.2000 per share on the issued and outstanding shares of Common Stock payable on June 13, 2024 to shareholders of record at the close of business on...
In celebration of Earth Day, SunTrain ? a pioneer in renewable energy distribution ? visited the Port of Oakland to showcase the benefits of its "Trainsmission" technology on energy distribution, and how it could contribute to the Port's leadership...
Wacker Chemical Corporation's pioneering site in the United States announces its 60th anniversary celebration for Saturday, April 27. Originating from Munich, Germany, WACKER began silicone manufacturing in Adrian, Michigan, in 1969. The facility was...