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Enterra Energy Trust

04:38 PM EST - Enterra Energy Trust : announced second quarter financial results, reporting a net loss, compared to profit in the year-ago quarter, hurt by an unrealized mark-to-market loss on commodity price hedges. The Calgary, Alberta-based oil and energy trust's net loss for quarter was $11.9 million or $0.19 per unit, compared to a net income of $7.9 million or $0.13 per unit in the same period last year. The company attributed the loss entirely to the unrealized mark-to-market loss of $21.5 million on commodity price hedges as the result of oil prices rising to record levels over the quarter and negatively impacting the value of the financial contracts. Enterra Energy Trust units T.ENT.UN are trading up 34 cents at $3.80.