Hemisphere Energy Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was CAD 66.88 million compared to CAD 30.3 million a year ago. Net income was CAD 21.32 million compared to CAD 5.92 million a year ago.

Basic earnings per share from continuing operations was CAD 0.21 compared to CAD 0.07 a year ago. Diluted earnings per share from continuing operations was CAD 0.21 compared to CAD 0.06 a year ago.