Perpetual Energy Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 27.85 million compared to CAD 49.76 million a year ago. Net loss was CAD 4.2 million compared to net income of CAD 4.47 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to basic earnings per share from continuing operations of CAD 0.07 a year ago. Diluted loss per share from continuing operations was CAD 0.06 compared to diluted earnings per share from continuing operations of CAD 0.06 a year ago.
For the six months, revenue was CAD 57.68 million compared to CAD 82.35 million a year ago. Net loss was CAD 4.44 million compared to net income of CAD 11.63 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to basic earnings per share from continuing operations of CAD 0.18 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to diluted earnings per share from continuing operations of CAD 0.16 a year ago.