Brief: Perpetual Energy Says Qtrly Diluted Earnings Per Share $0.12

Perpetual Energy

03/03/2023 01:25

March 2 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * . REPORTS YEAR-END 2022 FINANCIAL AND OPERATING RESULTS
AND
RESERVES AND PROVIDES OPERATIONS UPDATE AND 2023 GUIDANCE
    * Q4 AVERAGE PRODUCTION WAS 7,138 BOE/D, UP 12% FROM
COMPARATIVE
PERIOD OF 2021
    * OIL AND NATURAL GAS REVENUE FOR Q4 OF 2022 WAS $28.6
MILLION,
33% HIGHER THAN REVENUE IN COMPARATIVE PERIOD OF 2021
    * APPROVED EXPLORATION AND DEVELOPMENT CAPITAL SPENDING OF
$25 -
$32 MILLION FOR FULL YEAR 2023
    * TOTAL CO AVERAGE PRODUCTION IS EXPECTED TO BE STABLE YEAR
OVER
YEAR AT 6,400 TO 6,600 BOE/D (22% OIL AND NGL) IN 2023
    * ADJUSTED FUNDS FLOW IN Q4 OF 2022 WAS $14.2 MILLION
($0.22/SHARE)
    * QTRLY DILUTED EARNINGS PER SHARE $0.12

Source text for Eikon:  ID:nCNWhjh6na 
Further company coverage:  PMT.TO 

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