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Hammerhead Energy Inc.
HHRS•NASDAQ
Energy
Oil & Gas Exploration & Production
$15.32
$-0.02(-0.13%)

The company's financials show resilient growth, with revenue advancing from $175.82M in Q4 2022 to $207.84M in Q3 2023. Gross profit remained healthy with margins at 86% in Q3 2023 compared to 85% in Q4 2022. Operating income hit $67.53M last quarter, sustaining a consistent 32% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $142.51M. Net income dropped to $3.91M, while earnings per share reached $0.04. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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