FX Energy Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $9,448,000 or $0.22 diluted earnings per share on revenue of $3,809,000 compared to net loss of $3,688,000 or $0.09 diluted loss per share on revenue of $5,096,000 for the same period a year ago. Operating loss was $2,649,000 compared to $3,147,000 for the same period a year ago. For nine months, the company reported net loss of $3,865,000 or $0.09 diluted loss per share on revenue of $8,057,000 compared to net loss of $9,468,000 or $0.24 diluted loss per share on revenue of $14,516,000 for the same period a year ago. Operating loss was $9,010,000 compared to $9,143,000 for the same period a year ago. Net cash used in operating activities was $8,736,000, capital spend on additions to oil and gas properties to $6,680,000 and capital spend on additions to other property and equipment was $802,000 compared to net cash used in operating activities of $8,865,000, capital spend on additions to oil and gas properties to $16,941,000 and capital spend on additions to other property and equipment was $783,000 for the same period a year ago. Earnings before interest, taxes, depreciation, amortization, exploration expense, and other non-cash charges (EBITDAX) of $166,000, compared to $5.2 million in the first nine months of 2008.

FX Energy Inc., Q3 2009 Earnings Call, Nov-09-2009

FX Energy Inc. expected to Report Fiscal Year 2009 Results on March 15, 2010. This event was calculated by Capital IQ (Created on November 5, 2009).