12:01 PM EST - Cordero Energy Inc. : on Thursday posted first quarter earnings of $2.03 million, up from $1.92 million in the prior year quarter. On a per share basis, earnings remained flat with last year quarter at $0.06. Funds flow from operations for the period increased to $9.5 million or $0.27 per share from $7.5 million or $0.23 per share a year-ago. Cordero Energy Inc.
shares T.COR are trading up 15 cents at $6.15.
