InPlay Oil Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 41.04 million compared to CAD 48.91 million a year ago. Net income was CAD 7.51 million compared to CAD 15.35 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.18 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.17 a year ago.
For the nine months, revenue was CAD 117.35 million compared to CAD 145.89 million a year ago. Net income was CAD 21.13 million compared to CAD 63.16 million a year ago. Basic earnings per share from continuing operations was CAD 0.24 compared to CAD 0.73 a year ago. Diluted earnings per share from continuing operations was CAD 0.23 compared to CAD 0.69 a year ago.