• Prospera Energy (PEI) has released its Q1 2022 financial and operating results
  • CEO Samuel David sat down with Sabrina Cuthbert to discuss the results
  • Highlights include revenue of $3.5 million, an increase of 414 per cent from the same period in 2021
  • Positive EBITDA of $195,590 in Q1 of 2022, up from – $209,276 in the same period of 2021
  • Prospera is an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada
  • Prospera Energy Inc. (PEI) opened trading at C$0.06

Prospera Energy (PEI) is pleased to release its Q1 2022 financial and operating results.

CEO Samuel David sat down with Sabrina Cuthbert to discuss the results.

Highlights include revenue of $3.5 million, an increase of 414 per cent from the same period in 2021.

The company achieved a positive EBITDA of $195,590 in Q1 of 2022, up from – $209,276 in the same period of 2021.

Prospera is an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada.

Prospera Energy Inc. (PEI) opened trading at C$0.06.

More From The Market Online
Stock market chart up

@ the Bell: TSX joins upward movement among markets

Optimism spread across the globe's major markets Tuesday, including strong gains in the Toronto Stock Exchange.
Baytex Energy - Shot from Q1 2022 drilling at the Peavine partnership in Alberta.

Baytex Energy sends a value signal to the market

Baytex Energy (TSX:BTE) piques investor interest after securing the right to buy up to 10 per cent of its public float in the U.S.

@ the Bell: Global markets make a comeback, but gold sinks

Canada’s main stock index followed markets around the globe on Monday and marched higher, recouping some losses from the dud of a week prior.

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.