Vital Energy Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 25, 2022 at 04:57 pm
Vital Energy Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 3.23 million compared to CAD 3.94 million a year ago. Net income was CAD 0.41058 million compared to CAD 1.88 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.02 a year ago.
For the nine months, revenue was CAD 12.86 million compared to CAD 7.19 million a year ago. Net income was CAD 6.69 million compared to CAD 2.51 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.03 a year ago.