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PetroNor E&P ASA reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 74.72 million compared to USD 93.91 million a year ago. Net income was USD 43.84 million compared to USD 35.9 million a year ago. Basic earnings per share from continuing operations was USD 0.2012 compared to USD 0.2616 a year ago. Diluted earnings per share from continuing operations was USD 0.2012 compared to USD 0.2616 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 74.72 | 18.69 | 46.96 | 46.96 |
Gross Profit | 45.61 | 12.72 | 29.16 | 29.16 |
Operating Income | 42.81 | 9.55 | 25.67 | 25.67 |
Net Income | 43.84 | -2.15 | 12.25 | 12.25 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 232.69 | 210.01 | 212.9 | 212.9 |
Total Liabilities | 46.9 | 72.65 | 73.24 | 73.24 |
Total Equity | 185.79 | 137.36 | 139.66 | 139.66 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 35.35 | 10.79 | 11.88 | 11.88 |
Cash From Investing Activities | -11.29 | -11.94 | -7.73 | -7.73 |
Cash From Financing Activities | -1.5 | -1.63 | -3.32 | -3.32 |
Net Change in Cash | 22.56 | -2.78 | 0.823 | 0.823 |
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