Dejour Energy moves higher on strong financial results

|About: Dejour Energy Inc. (DXI)|By:, SA News Editor

Dejour Energy (DEJ +3.2%) shares are higher after the company reports a 44% Y/Y increase in daily production in Q1, a 37% increase in gross revenues, and a 283% increase in operating cash flow.

Operating netbacks for oil and gas operations of $55.53/boe and $13.85/boe respectively, 60% and 575% increases over comparable operating netbacks in the prior-year quarter.