ShaMaran Petroleum Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 05:48 pm EST
ShaMaran Petroleum Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 39.81 million compared to USD 29.07 million a year ago. Net income was USD 66.43 million compared to USD 0.019 million a year ago. Basic earnings per share from continuing operations was USD 0.024.
For the nine months, sales was USD 123.49 million compared to USD 74.88 million a year ago. Net income was USD 102.68 million compared to USD 9.32 million a year ago. Basic earnings per share from continuing operations was USD 0.04.