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Showing posts with label MMR. Show all posts
Showing posts with label MMR. Show all posts

Monday, April 18, 2011

McMoran Exploration Posts Net Loss for Q1; Shares Off 0.9%

McMoran Exploration Posts Net Loss for Q1; Shares Off 0.9%



Apr 18, 2011

McMoran Exploration (MMR) an oil and natural gas developer, reported a Q1 net loss today of $27.55 million, or $0.17 per share, compared with $66.16 million, or $0.74 per share, last year.

However, loss for the quarter, at $14.53 million, or $0.16 per share, is lower than last year's $57 million.

Shares are down 0.85% at $17.5 in trading today.