Journey Energy Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 46.34 million compared to CAD 31.74 million a year ago. Net income was CAD 15.48 million compared to CAD 92.24 million a year ago. Basic earnings per share from continuing operations was CAD 0.29 compared to CAD 2.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.26 compared to CAD 1.79 a year ago.
For the nine months, revenue was CAD 142.18 million compared to CAD 80.55 million a year ago. Net income was CAD 57.45 million compared to CAD 93.59 million a year ago. Basic earnings per share from continuing operations was CAD 1.12 compared to CAD 2.1 a year ago. Diluted earnings per share from continuing operations was CAD 0.99 compared to CAD 1.89 a year ago.