NuVista Energy Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 301.92 million compared to CAD 395.42 million a year ago. Net income was CAD 87.13 million compared to CAD 177.95 million a year ago. Basic earnings per share from continuing operations was CAD 0.4 compared to CAD 0.78 a year ago. Diluted earnings per share from continuing operations was CAD 0.39 compared to CAD 0.74 a year ago.
For the six months, revenue was CAD 576.23 million compared to CAD 648.99 million a year ago. Net income was CAD 167.84 million compared to CAD 248.21 million a year ago. Basic earnings per share from continuing operations was CAD 0.77 compared to CAD 1.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.74 compared to CAD 1.04 a year ago.