Alvopetro Energy Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 59.82 million compared to USD 59.95 million a year ago. Net income was USD 28.53 million compared to USD 31.73 million a year ago.

Basic earnings per share from continuing operations was USD 0.77 compared to USD 0.92 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.86 a year ago.