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PetroNor E&P ASA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 44.32 million compared to USD 39.78 million a year ago. Net income was USD 11.62 million compared to USD 8.64 million a year ago. Basic earnings per share from continuing operations was USD 0.0816 compared to USD 0.0629 a year ago. Diluted earnings per share from continuing operations was USD 0.0816 compared to USD 0.0629 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 44.32 | 74.72 | 18.69 | 93.92 |
Gross Profit | 27.01 | 45.61 | 12.72 | 58.33 |
Operating Income | 23.72 | 42.81 | 9.55 | 51.33 |
Net Income | 11.62 | 43.84 | -2.15 | 24.5 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 260.08 | 239.52 | 210.01 | 212.9 |
Total Liabilities | 59.56 | 52.77 | 72.65 | 73.24 |
Total Equity | 200.51 | 186.75 | 137.36 | 139.66 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 55.45 | 35.35 | 10.79 | 23.75 |
Cash From Investing Activities | -3.1 | -11.29 | -11.94 | -15.47 |
Cash From Financing Activities | -1.53 | -1.5 | -1.63 | -6.64 |
Net Change in Cash | 50.82 | 22.56 | -2.78 | 1.65 |
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