Petrominerales Ltd. (PMG.TO) reported a fourth-quarter adjusted net loss of $53.5 million or $0.63 per share, compared to profit of $77.7 million or $0.72 per share last year. Funds flow from operations decreased to $122.5 million or $1.42 per share from $213.3 million or $1.84 per share last year.
Oil sales decreased to $224.9 million from $329.9 million last year. Fourth-quarter production averaged 25,140 bopd.
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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.