Lucero Energy Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 60.6 million compared to CAD 42.19 million a year ago.

Net income was CAD 18.47 million compared to CAD 5.89 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to CAD 0.01 a year ago.