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Ring Energy, Inc. press release

Ecora Resources broke records "on many fronts" during 2022

NYSE - New York Stock Exchange · Oil · Natural Gas · Natural Gas Liquids · United States · Corporate Finance

--News Direct--

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF)) CEO Marc Bishop Lafleche speaks to Proactive following the release of the company's full year results for calendar year 2022. LaFleche gives a brief overview of his highlights from the year, saying that there were records broken "on many fronts," adding that he's "equally optimistic" about 2023.

Here's the story earlier:

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) reported record results from its portfolio as it benefited from stronger commodity prices for the majority of the year, with the new year also starting strongly.

There was a portfolio contribution of US$143.2mln in 2022, up 67% on the year before, while royalty and metal stream-related revenue rose 66% to US$141.9mln.

Adjusted earnings increased 67% to US$87.9m and profit before tax leapt 147% to US$135.4mln.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/ecora-resources-broke-records-on-many-fronts-during-2022-970432253

Earlier from Ring Energy, Inc.

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