Razor Energy (ticker: RZE) announced second quarter results last week, showing net income of $2.5 million, or $0.16 per share. This result is a significant improvement over both Q2 2017 and Q1 2018, when the company reported a loss of 1.6 million and earnings of 0.3 million, respectively.

Much of this improvement in results is due to the improved oil price, which can have a profound effect on Razor’s operating netback. The company’s financial situation is such that a small increase in WTI price leads to a large increase in field cash flow. F...


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