Cano Petroleum, Inc. (NYSE Alternext: CFW)

Burnett Plaza, 801 Cherry St., Unit 25, Ste. 3200
Fort Worth, TX 76102-6882 (Map)
Phone: 817-698-0900
Fax: 817-698-0796
Toll Free: 877-698-0900
http://www.canopetro.com

Quarterly Income Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly Quarter Ending Sep 09 Quarter Ending Jun 09 Quarter Ending Mar 09 Quarter Ending Dec 08 Quarter Ending Sep 08
Revenue 3.3 3.4 2.8 3.4 6.0
Cost of Goods Sold 2.8 3.0 2.9 19.1 5.4
Gross Profit 0.5 0.4 (0.1) (15.7) 0.7
Gross Profit Margin 16.1% 13.1% -- -- 10.9%
SG&A Expense 2.2 1.6 1.5 6.6 2.7
Depreciation & Amortization 0.8 0.9 1.1 0.9 0.7
Operating Income (3.2) (14.7) (0.6) -- --
Operating Margin -- -- -- -- --
Nonoperating Income (0.3) (2.8) 2.5 14.2 13.0
Nonoperating Expenses (0.1) (0.1) (0.1) -- --
Income Before Taxes (3.3) (14.8) (0.7) (9.1) 10.3
Income Taxes (1.0) (5.1) (0.2) (3.2) 4.0
Net Income After Taxes (2.2) (9.7) (0.5) (6.0) 6.3

Continuing Operations (2.2) (9.7) (0.5) (6.0) 6.3
Discontinued Operations 0.0 0.1 (0.0) 8.5 0.8
Total Operations (2.2) (9.6) (0.5) 2.5 7.0
Total Net Income (2.2) (9.6) (0.5) 2.5 7.0
Net Profit Margin -- -- -- 74.2% 116.5%

Diluted EPS from Total Net Income (£) (0.06) (0.21) (0.02) 0.19 0.13
Dividends per Share 0.00 0.00 0.00 0.00 0.00

Data Definitions

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