03:55 PM EST - Crocotta Energy Inc. : reported fourth-quarter net earnings of $3.28 million or $0.05 per share, compared to net loss of $2.51 million or $0.07 per share last year. Funds from operations were $3.97 million, compared to $3.46 million in the same quarter a year earlier. Funds from operations per share were $0.06, down from $0.09 last year. Oil and natural gas sales grew to $12.13 million from $8.73 million in the comparable period last year. Crocotta Energy Inc.
shares T.CTA are trading up $0.04 at $1.37.