Lucero Energy Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 53.88 million compared to CAD 68.93 million a year ago. Net income was CAD 10.6 million compared to CAD 25.82 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.04 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.04 a year ago.
For the six months, revenue was CAD 114.47 million compared to CAD 111.11 million a year ago. Net income was CAD 29.07 million compared to CAD 31.71 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to CAD 0.05 a year ago.