Stock Analysis

PetroNor E&P Second Quarter 2024 Earnings: EPS: US$0.094 (vs US$0.11 in 2Q 2023)

Published
OB:PNOR

PetroNor E&P (OB:PNOR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$66.1m (up 22% from 2Q 2023).
  • Net income: US$13.4m (down 15% from 2Q 2023).
  • Profit margin: 20% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: US$0.094 (down from US$0.11 in 2Q 2023).
OB:PNOR Earnings and Revenue History September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

PetroNor E&P shares are down 7.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of PetroNor E&P's balance sheet and an in-depth analysis of the company's financial position.

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