Key Financial Highlights for Six Months Ended June 30, 2023, Compared to Prior Year Period:
- *2023 Revenues of ~$5.0 Million vs 2022 Revenues of ~
$3.3 Million- *(51% increase from the six months ended
June 30, 2022 )
- *(51% increase from the six months ended
- *2023 EBITDA of $546,348 vs 2022 EBITDA of $(92,894) (Loss)
- *(688% increase from the six months ended
June 30, 2022 )
- *(688% increase from the six months ended
- *2023 Net Income of $395,936 vs 2022 Net Income of $(226,135) (Loss)
- *(275% increase from the six months ended
June 30, 2022 )
- *(275% increase from the six months ended
Management Commentary:
Chief Executive Officer
Report: SEC From 1-SA
Detailed information about the Company OTC Markets at:
CWPE Security Detail
CWPE Disclosures
The Company continues to seek investment capital and acquisition targets to grow and expand its renewable and petroleum-based product offerings inside the
For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com , or call 281-817-8099
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Forward-Looking Statements
Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the
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