NuVista Energy Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 343.63 million compared to CAD 472.7 million a year ago. Net income was CAD 110.32 million compared to CAD 223.46 million a year ago. Basic earnings per share from continuing operations was CAD 0.51 compared to CAD 0.99 a year ago. Diluted earnings per share from continuing operations was CAD 0.5 compared to CAD 0.95 a year ago.
For the nine months, revenue was CAD 919.86 million compared to CAD 1,121.69 million a year ago. Net income was CAD 278.17 million compared to CAD 471.67 million a year ago. Basic earnings per share from continuing operations was CAD 1.28 compared to CAD 2.07 a year ago. Diluted earnings per share from continuing operations was CAD 1.24 compared to CAD 1.98 a year ago.