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Bullboard - Stock Discussion Forum Prospera Energy Inc GXRFF


Primary Symbol: V.PEI

Prospera Energy Inc. is a Canada-based energy company. The Company specializes in the exploration, development, and production of crude oil and natural gas. Its core properties include Cuthbert, Luseland and Heart Hills in Saskatchewan; and Red Earth and Pouce Coupe in Alberta. Its Phase II restructured development program intends to increase production. The Phase II development entails the... see more

TSXV:PEI - Post Discussion

Prospera Energy Inc > Prospera Energy Inc. record high cash flow from operations
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Post by Betteryear2 on May 27, 2023 8:51pm

Prospera Energy Inc. record high cash flow from operations

CALGARY, Alberta, May 26, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA)

Restructured Prospera momentum accelerates by improving 2022 revenue by 3-fold and operating margin to realize record high cash flow from operations of $5.4million. Prospera is pleased to release its fourth quarter and year-end 2022 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements and related management’s discussion and analysis (MD&A) for the year ended December 31, 2022.

Prospera Energy Inc. announces record high cash flow from (globenewswire.com)

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