Bonterra Energy Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 66.26 million compared to CAD 66.37 million a year ago.

Net income was CAD 7.64 million compared to CAD 10.52 million a year ago. Basic earnings per share from continuing operations was CAD 0.21 compared to CAD 0.3 a year ago. Diluted earnings per share from continuing operations was CAD 0.2 compared to CAD 0.29 a year ago.