All dollar amounts in this news release are stated in Canadian dollars unless otherwise noted.
Highlights
Three months ended
Nine months ended
(in thousands, except per share data)
September 30
2024
June 30
2024
September 30
2023
September 30
2024
September 30
2023
Financial
Funds flow[1]
$20,671
$25,489
$32,860
$74,860
$104,032
Per share basic
$0.03
$0.04
$0.05
$0.12
$0.16
Per share diluted
$0.03
$0.04
$0.05
$0.11
$0.15
Adjusted funds flow1
$20,671
$25,489
$32,860
$74,860
$106,486
Per share basic
$0.03
$0.04
$0.05
$0.12
$0.16
Per share diluted
$0.03
$0.04
$0.05
$0.11
$0.16
Adjusted EBITDA1
$19,977
$24,849
$32,286
$71,877
$106,411
Per share basic
$0.03
$0.04
$0.05
$0.11
$0.16
Per share diluted
$0.03
$0.04
$0.05
$0.11
$0.16
Cash provided by operating activities
$22,429
$24,081
$26,396
$71,113
$104,497
Net income
$4,663
$9,312
$13,319
$23,214
$42,390
Per share basic
$0.01
$0.01
$0.02
$0.04
$0.06
Per share diluted
$0.01
$0.01
$0.02
$0.04
$0.06
Exploration and development expenditures1
$9,471
$41,233
$16,069
$87,419
$77,185
Property acquisitions
-
$3,555
-
$5,586
$6,339
Property dispositions
-
-
-
-
$126,226
Working capital1
$55,555
$46,138
$52,638
$55,555
$52,638
Common shares
Shares outstanding, end of period
637,664
637,313
651,091
637,664
651,091
Weighted average shares (basic)
637,555
639,849
658,521
641,454
661,100
Weighted average shares (diluted)
645,609
659,946
681,140
661,231
673,731
Operations
Production
Tight oil (Bbls per day)
4,353
4,557
5,527
4,689
6,355
Shale gas (Mcf per day)
14,159
13,091
11,841
13,540
12,248
Natural gas ...
