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Cathedral Energy Services Ltd. Reports Results for 2011 Q4 and the Year Ended December 31, 2011 and a 25% Increase in its Quarterly Dividend
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/ CALGARY, March 6, 2012 /CNW/ ...
About this update from Act Energy Technologies Ltd.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/\n\n\nCALGARY, March 6, 2012 /CNW/ - Cathedral Energy Services Ltd. (the\n \"Company\" or \"Cathedral\") (TSX: CET) is pleased to report its results\n for 2011 Q4 and the year-end December 31, 2011 and 2012 Q1 dividend. \n Dollars are in '000's except for day rates and per share amounts\n\n\nFINANCIAL HIGHLIGHTS \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nThree months ended December 31\n\n\n \n\n\nYear ended December 31\n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n2010\n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n2010\n\n\nRevenues\n\n\n$\n\n\n70,359\n\n\n$\n\n\n46,365\n\n\n \n\n\n$\n\n\n220,363\n\n\n$\n\n\n153,085\n\n\nAdjusted gross margin % (1)\n\n \n\n\n35%\n\n\n \n\n\n38%\n\n\n \n\n\n \n\n\n33%\n\n\n \n\n\n35%\n\n\nEBITDAS from continuing operations (1)\n\n$\n\n\n20,969\n\n\n$\n\n\n13,407\n\n\n \n\n\n$\n\n\n55,637\n\n\n$\n\n\n40,184\n\n\n \n\n\nDiluted per share\n\n\n$\n\n\n0.56\n\n\n$\n\n\n0.36\n\n\n \n\n\n$\n\n\n1.46\n\n\n$\n\n\n1.08\n\n\nEBITDAS (1)\n\n$\n\n\n20,969\n\n\n$\n\n\n13,392\n\n\n \n\n\n$\n\n\n56,085\n\n\n$\n\n\n38,398\n\n\n \n\n\nDiluted per share\n\n\n$\n\n\n0.56\n\n\n$\n\n\n0.36\n\n\n \n\n\n$\n\n\n1.47\n\n\n$\n\n\n1.03\n\n\nFunds from continuing operations (1)\n\n$\n\n\n17,814\n\n\n$\n\n\n12,730\n\n\n \n\n\n$\n\n\n50,011\n\n\n$\n\n\n35,921\n\n\n \n\n\nDiluted per share\n\n\n$\n\n\n0.47\n\n\n$\n\n\n0.34\n\n\n \n\n\n$\n\n\n1.31\n\n\n$\n\n\n0.97\n\n\nEarnings from continuing operations before\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nincome taxes\n\n\n$\n\n\n16,656\n\n\n$\n\n\n9,536\n\n\n \n\n\n$\n\n\n37,102\n\n\n$\n\n\n25,486\n\n\nNet earnings\n\n\n$\n\n\n12,551\n\n\n$\n\n\n6,771\n\n\n \n\n\n$\n\n\n27,634\n\n\n$\n\n\n16,327\n\n\n \n\n\nBasic per share\n\n\n$\n\n\n0.34\n\n\n$\n\n\n0.19\n\n\n \n\n\n$\n\n\n0.75\n\n\n$\n\n\n0.45\n\n\n \n\n\nDiluted per share\n\n\n$\n\n\n0.33\n\n\n$\n\n\n0.18\n\n\n \n\n\n$\n\n\n0.73\n\n\n$\n\n\n0.44\n\n\nDividends declared per share\n\n\n$\n\n\n0.06\n\n\n$\n\n\n0.06\n\n\n \n\n\n$\n\n\n0.24\n\n\n$\n\n\n0.24\n\n\nProperty and ...