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TAG Oil earnings for fiscal 2018 sink 85% to $3.8 million
Earnings for Vancouver-based TAG Oil Ltd. plunged for the 12-month period ending March 31 even as the company’s revenue held essentially unchanged. Earnings fell to $3.8 million on revenue of $23.7 million for the 12-month period that ended March 31. Earnings for the previous 12-month period were $24.7 million on revenue of $23.3 million. TAG’s cash from operating activities rose to $8.7 million, up from $1.5 million a year earlier. At YE18, the company......
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