Kelt Exploration Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was CAD 160.79 million compared to CAD 55.65 million a year ago. Net income was CAD 70.71 million compared to CAD 54.65 million a year ago. Basic earnings per share from continuing operations was CAD 0.37 compared to CAD 0.29 a year ago. Diluted earnings per share from continuing operations was CAD 0.36 compared to CAD 0.29 a year ago.
For the six months, revenue was CAD 284.38 million compared to CAD 110.9 million a year ago. Net income was CAD 81.43 million compared to CAD 57.51 million a year ago. Basic earnings per share from continuing operations was CAD 0.43 compared to CAD 0.3 a year ago. Diluted earnings per share from continuing operations was CAD 0.42 compared to CAD 0.3 a year ago.