Crew 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 115.16 million compared to CAD 35.06 million a year ago. Net income was CAD 105.66 million compared to CAD 176.18 million a year ago. Basic earnings per share from continuing operations was CAD 0.69 compared to CAD 1.14 a year ago. Diluted earnings per share from continuing operations was CAD 0.65 compared to CAD 1.12 a year ago.
For the nine months, revenue was CAD 348.91 million compared to CAD 108.88 million a year ago. Net income was CAD 192.98 million compared to CAD 154.4 million a year ago. Basic earnings per share from continuing operations was CAD 1.27 compared to CAD 1.01 a year ago. Diluted earnings per share from continuing operations was CAD 1.19 compared to CAD 0.99 a year ago.