Published on: August 24, 2016
Q2 2016 Results – All progressing well
SDX Energy has reported its Q2 2016 results this morning. Although the numbers were impacted by a large non-cash exploration impairment charge (in line with our estimates), the company would appear to be in fine fettle. The strong balance sheet and high margin production provide an excellent base for management to start to build the business both organically and through acquisitions.