Crocotta Energy Inc. (CTA.TO) reported that its third-quarter net loss was C$3.9 million or C$0.06 per share, compared to net earnings of C$1.2 million or C$0.04 per share in the year ago quarter. Funds from operations for the quarter were C$1.8 million or C$0.03 per share, down from C$7.7 million or C$0.23 per share in the same quarter last year.
Oil and natural gas sales for the quarter declined to C$8.65 million, from C$13.55 million in the year ago quarter. Revenues for the quarter were C$6.56 million, down from C$10.78 million in the prior year quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.