PrimeEnergy Resources Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 29.61 million compared to USD 35.49 million a year ago. Net income was USD 10.09 million compared to USD 10.98 million a year ago. Basic earnings per share from continuing operations was USD 5.35 compared to USD 5.57 a year ago. Diluted earnings per share from continuing operations was USD 3.82 compared to USD 4.02 a year ago.
For the six months, revenue was USD 52.26 million compared to USD 61.42 million a year ago. Net income was USD 11.5 million compared to USD 22.13 million a year ago. Basic earnings per share from continuing operations was USD 6.14 compared to USD 11.18 a year ago. Diluted earnings per share from continuing operations was USD 4.37 compared to USD 8.08 a year ago.