Storm Resources Ltd.: Storm is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2020
0.18
0.15
(2)
(2)(4) surplus
121,689 contracts
25,985
124,927
(1) Excludes gains and losses on risk management contracts.
(2) Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 38 of the MD&A. CROCE and ROCE are presented on a 12-month trailing basis.
(3) Excludes the fair value of risk management contracts, decommissioning liability and lease liability.
(4) Includes a non-cash unrealized loss on risk management contracts of $6.5 million for the year ended December 31, 2020 (December 31, 2019 - unrealized gain of $1.5 million).
PRESIDENT S MESSAGE
2020 FOURTH QUARTER HIGHLIGHTS
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