STEP Energy Services Ltd. Reports Second Quarter 2022 Results
CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the "Company" or "STEP") is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. The following press release should be read in conjunction with the management''s discussion and analysis ("MDA") and unaudited condensed consolidated interim financial statements and notes thereto as at June 30, 2022 (the "Financial Statements"). Readers should also refer to the "Forward-looking information statements" legal advisory and the section regarding "Non-IFRS Measures and Ratios" at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com , including the Company''s Annual Information Form for the year ended December 31, 2021 dated March 16, 2022 (the "AIF"). CONSOLIDATED HIGHLIGHTS FINANCIAL REVIEW ($000s except percentages and per share amounts) Three months ended Six months ended June 30, June 30, March 31, June 30, 2022 2021 2022 2022 2021 Consolidated revenue $ 273,000 $ 107,546 $ 219,539 $ 492,539 $ 244,358 Net income (loss) $ 38,064 $ (10,582 ) $ 9,173 $ 47,237 $ (18,526 ) Per share-basic $ 0.
STEP Energy Services Ltd. Reports Second Quarter 2022 Results
CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the "Company" or "STEP") is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. The following press release should be read in conjunction with the management''s discussion and analysis ("MDA") and unaudited condensed consolidated interim financial statements and notes thereto as at June 30, 2022 (the "Financial Statements"). Readers should also refer to the "Forward-looking information statements" legal advisory and the section regarding "Non-IFRS Measures and Ratios" at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com , including the Company''s Annual Information Form for the year ended December 31, 2021 dated March 16, 2022 (the "AIF"). CONSOLIDATED HIGHLIGHTS FINANCIAL REVIEW ($000s except percentages and per share amounts) Three months ended Six months ended June 30, June 30, March 31, June 30, 2022 2021 2022 2022 2021 Consolidated revenue $ 273,000 $ 107,546 $ 219,539 $ 492,539 $ 244,358 Net income (loss) $ 38,064 $ (10,582 ) $ 9,173 $ 47,237 $ (18,526 ) Per share-basic $ 0.