Petrobakken thumped after wet third quarter results

Petrobakken Energy on Tuesday saw its shares slide more than seven per cent on the Toronto Stock Exchange after it reported that wet weather hampered third quarter results.
The Calgary-based oil and gas producer still managed to eke out a third-quarter profit of $9.19-million profit of five cents per share, compared to $9.9 million or nine cents per share in the prior year.
[Read more]
Source: Calgary Herald