CoJax Oil & Gas Corp Sees 41% Revenue Surge in Q2 2026

CoJax Oil & Gas Corp has released its second-quarter 2026 financial results. The company's revenue reached $329,386, a significant increase of 41% from the same period last year.

This turnaround is attributed to higher realized oil prices despite asset dispositions. Lease operating and G&A expenses declined materially year-over-year, contributing to lower operating losses for the quarter.

The company's net income was $2,614, a marked improvement from a net loss of $(204,061) in the same period last year. Diluted EPS remained at $0.00.