Petrotx - Limited Partnership reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 1.55 million compared to USD 5.87 million a year ago. Net income was USD 1.14 million compared to USD 1.04 million a year ago. Basic earnings per share from continuing operations was USD 0.049 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.028 compared to USD 0.026 a year ago.
For the nine months, revenue was USD 5.49 million compared to USD 15.26 million a year ago. Net loss was USD 4.52 million compared to net income of USD 1.22 million a year ago. Basic loss per share from continuing operations was USD 0.209 compared to basic earnings per share from continuing operations of USD 0.067 a year ago. Diluted loss per share from continuing operations was USD 0.209 compared to diluted earnings per share from continuing operations of USD 0.037 a year ago.