Brief: Tenaz Energy Reports Quarterly Net Income Of $0.12 Per Share

Tenaz Energy

31/05/2022 03:35

May 31 (Reuters) - Tenaz Energy Corp  TNZ.TO :
    * QUARTERLY NET INCOME PER SHARE $0.12
    * SAYS PRODUCTION VOLUMES AVERAGED 1,007 BOE/D IN QUARTER,
LITTLE
CHANGED FROM Q4 2021
    * SAYS BOARD OF DIRECTORS HAS APPROVED ESTABLISHMENT OF A
PLAN TO
REPURCHASE SHARES THROUGH A NORMAL COURSE ISSUER BID
    * SAYS NCIB WILL ALLOW REPURCHASE AND RETIREMENT OF UP TO
10% OF
ISSUED AND OUTSTANDING COMMON SHARES OF TENAZ
    * QUARTERLY FFO PER SHARE - BASIC & DILUTED $0.03

Further company coverage:  TNZ.TO 

 ((Reuters.Briefs@thomsonreuters.com;))