Pantera Drilling Income Trust Q3 Earnings Rise – Quick Facts
Pantera Drilling Income Trust (RIG_U.TO) said its third quarter net earnings were C$1.59 million or C$0.26 per unit, compared to C$957 thousand or C$0.29 per unit in the year ago quarter. Revenue for the quarter rose to C$8.09 million from C$5.9 million in the year ago quarter.
For the nine-month period, the company said its net income was C$4.16 million or C$0.75 per unit, compared to C$2.12 million or C$0.66 per unit in the comparable period of last year. Revenues for the period rose to C$22.42 million from C$14.13 million in the corresponding period of the prior year.
