12:02 PM EST - Cinch Energy Corp. : reported a first-quarter net loss of $2.0 million or $0.04 per share, compared to net income of $17,000 or breakeven per share in the last-year quarter. Funds from operations for the quarter was $3.0 million or $0.05 per share, compared to $4.1 million or $0.07 per share in the year-ago quarter. Revenue for the quarter decreased to $5.1 million from $6.1 million in the prior-year quarter. Cinch Energy Corp.
shares T.CNH are trading even at $0.88.