04:31 PM EST - Cinch Energy Corp. : reported a profit in the third quarter compared to a loss last year. The company reported net income for the third quarter of $0.77 million or $0.01 per share, compared to a loss of $15.1 million or $0.27 per share in the prior-year quarter. Funds from operations grew to $5.6 million or $0.10 per share from $1.6 million or $0.03 per share a year ago. Quarterly petroleum and natural gas sales, net of transportation, rose to $10.1 million from $4.4 million last year. Cinch Energy Corp.
shares T.CNH are trading up 2 cents at $0.99.
