Ratio Energies - Limited Partnership reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 70.44 million compared to USD 85.24 million a year ago. Net income was USD 31.46 million compared to USD 45.89 million a year ago. Basic earnings per share from continuing operations was USD 0.028 compared to USD 0.041 a year ago. Diluted earnings per share from continuing operations was USD 0.028.
For the six months, revenue was USD 148.6 million compared to USD 153.55 million a year ago. Net income was USD 64.42 million compared to USD 74.35 million a year ago. Basic earnings per share from continuing operations was USD 0.057 compared to USD 0.066 a year ago.