11:42 AM EST - Universal Energy Group Ltd. : announced financial results for the first quarter, posting net income of $2.5 million or $0.07 per share, compared to a loss of $1.5 million or $0.04 per share in the same period last year. Revenue for the period was C$143.3 million, compared to C$80.1 million last year. Universal Energy Group Ltd.
shares T.UEG are trading up $0.08 at $5.00.