C&C Energia Q2 Net Profit Up 15%

C&C Energia Ltd

reported a 15% gain its second-quarter profit. C&C Energia's quarterly net income surged to $26.8 million, or $0.42 per share, versus $23.3 million, or $0.38 per share, in the year-ago period. Its average daily production jumped 27% to 10,504 barrels of oil per day (bopd), while funds from operation climbed 10% to $29.0 million. C&C Energia shares closed at $6.26 on Friday.