Ironhorse Oil & Gas Inc. (IOG.V) reported first-quarter funds from operations or FFO of C$233 thousand or C$0.01 per share, compared to C$542 thousand or C$0.02 per share in the previous year quarter.
Net income for the quarter was C$1.40 million, compared to a net loss of C$74 thousand in the year-ago period. On a per share basis, earnings were C$0.05, compared to C$0.00 per share last year.
Petroleum and natural gas revenues for the quarter were C$862 thousand, down from C$2.79 million in the comparable quarter last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.