10:54 AM EST - Verenex Energy Inc. : announced that its fourth quarter net income was $1.8 million or $0.04 per share, compared to net income of $0.06 million in the year earlier quarter. Funds flow from operations in the fourth quarter was $2.8 million, compared to $0.4 million in the prior year quarter. Revenue for the quarter was $1.4 million, up from $0.82 million in the year earlier quarter. Verenex Energy Inc.
shares T.VNX are trading up 25 cents at $10.00.
