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Monday, 06 October, 2008, 13:20 GMT | more prices >>

Endeavour losses keep it in red



By Upstream staff 

Endeavour International reported another year in the red for 2007, with net loss increasing to $49.1 million compared to a net loss of $6.8 million in 2006, despite revenues increasing from $54.1 million in 2006 to $176.1 million in 2007.

A similar pattern was evident for the company’s fourth quarter results with revenue rising to $54.5 million from $31.3 million in 2006, but net income coming in at a loss of $26.9 million compared to a loss of $4.9 million in 2006.


Wednesday, 12 March, 2008, 08:29 GMT  | last updated: Wednesday, 12 March, 2008, 08:37 GMT

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