Canacol Energy Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 82.71 million compared to USD 75.09 million a year ago. Net income was USD 24.42 million compared to net loss of USD 3.06 million a year ago.

Basic earnings per share from continuing operations was USD 0.7 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.7 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.