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TUSK Energy Corp.

12:02 PM EST - TUSK Energy Corp. : reported fourth-quarter net income of $9.89 million or $0.11 per share, compared to a loss of $3.99 million or $0.04 per share in the year-ago quarter. Funds from operations were $31.68 million or $0.35 per share, higher than $6.91 million or $0.08 per share in the last year quarter. Oil and gas revenue rose to $27.46 million from $20.24 million in the prior year quarter. TUSK Energy Corp. shares T.TSK are trading up $0.01 at $2.13.