Yuma Energy, Inc. reported unaudited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported sales of natural gas and crude oil of $25,443,601 against $14,772,708 a year ago. Loss from operations was $6,757,911 against $34,955,849 a year ago. Loss before income taxes was $5,392,768 against $40,173,369 a year ago. Net loss was $5,392,768 against $41,599,333 a year ago. Net loss attributable to common stockholders was $6,806,633 against $42,651,060 a year ago. Loss per common share basic and diluted was $0.46 against $5.13 per share a year ago. Net cash provided by operating activities was $3,246,058 against net cash used in operating activities of $4,299,238 a year ago. Capital expenditure for oil and gas properties was $10,704,535 against $10,066,999 a year ago.

For the year, the company reported net average production for the year ended December 31, 2017 was 2,454 Boe/d, or 34.8% higher than the net average production for the prior year of 1,820 Boe/d. Crude oil and condensate was 250,343 Bbls against 172,003 Bbls a year ago. Natural gas was 3,085,613 Mcf against 2,326,400 Mcf a year ago. Total production was 895,767 Boe against 664,425 Boe a year ago.