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Masters Energy Inc.

12:04 PM EST - Masters Energy Inc. : reported third-quarter funds generated by operations of $5.5 million or $0.35 per share, compared to $3.3 million or $0.21 per share in the same quarter last year. Net earnings for the quarter were $2.7 million or $0.17 per share, compared to $267 thousand or $0.02 per share in the prior year quarter. Gross revenue for the quarter increased to $9.4 million from $6.8 million in the year ago quarter. Masters Energy Inc. shares T.MSY are trading up 10 cents at $1.35.