Tamar Petroleum Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 64.87 million compared to USD 65.68 million a year ago. Net income was USD 14.7 million compared to USD 9.95 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.11 a year ago.
For the nine months, revenue was USD 192.92 million compared to USD 194.12 million a year ago. Net income was USD 37.04 million compared to USD 21.41 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.24 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.24 a year ago.