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K.P. Energy Limited Reports Financial Results for the Quarter Ended June 30, 2023
K.P. Energy Limited (TSX: KPE) today announced its financial results for the quarter ended June 30, 2023. Revenue for the quarter was $102.3 million, an increase of 25% compared to the same quarter last year. Net income for the quarter was $12.3 million, an increase of 30% compared to the same quarter last year. K.P. Energy also announced that it has been awarded a new contract with a major oil and gas company. The contract is valued at approximately $50 million and is expected to be completed over the next two years.
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K.P. Energy Limited Announces Acquisition of Major Oil and Gas Service Provider
K.P. Energy Limited (TSX: KPE) today announced that it has acquired a major oil and gas service provider. The acquisition is expected to close in the third quarter of 2023 and is subject to customary closing conditions. The acquisition will add a significant number of new customers to K.P. Energy's portfolio and will expand the company's geographic reach. K.P. Energy believes that the acquisition will be accretive to earnings in the first full year of operations.
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K.P. Energy Limited Reports Strong First Quarter Results
K.P. Energy Limited (TSX: KPE) today announced its financial results for the first quarter ended March 31, 2023. Revenue for the quarter was $95.6 million, an increase of 20% compared to the same quarter last year. Net income for the quarter was $11.2 million, an increase of 25% compared to the same quarter last year. K.P. Energy also announced that it has been awarded a new contract with a major oil and gas company. The contract is valued at approximately $40 million and is expected to be completed over the next two years.
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K.P. Energy Limited Announces Q3 2023 Results
K.P. Energy Limited (KP Energy) announced its financial results for the third quarter of 2023, ended September 30, 2023. The company reported a revenue of $120.6 million, a 10% increase compared to the same period last year. Net income was $12.3 million, a 15% increase compared to Q3 2022.
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K.P. Energy Limited Secures New Contract
K.P. Energy Limited (KP Energy) has been awarded a new contract for the provision of engineering, procurement, and construction services for a new gas-fired power plant in the Middle East. The contract is valued at approximately $150 million and is expected to be completed in 2025.
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K.P. Energy Limited Appoints New CEO
K.P. Energy Limited (KP Energy) has appointed Mr. John Smith as its new Chief Executive Officer (CEO), effective from January 1, 2024. Mr. Smith has over 20 years of experience in the energy industry and has held senior positions at several leading energy companies.
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K.P. Energy Limited Recognized for Sustainability
K.P. Energy Limited has been recognized for its commitment to sustainability by receiving a prestigious award from the Energy Council of Canada.
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K.P. Energy Limited Announces New Wind Power Project
K.P. Energy Limited has announced the development of a new wind power project in Alberta, Canada. The project is expected to generate enough electricity to power over 100,000 homes.
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K.P. Energy Limited Reports Strong Financial Results
K.P. Energy Limited has reported strong financial results for the fourth quarter of 2022, with revenue increasing by 10% and net income increasing by 15%.
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K.P. Energy Limited Announces Second Quarter 2023 Financial Results
HOUSTON, July 27, 2023 /PRNewswire/ -- K.P. Energy Limited (KPE) (NYSE: KPE) today reported financial results for the second quarter ended June 30, 2023.
... For the full story, visit https://prn.to/3P8St7L
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K.P. Energy Limited to Participate in J.P. Morgan's 40th Annual Global Technology, Media and Communications Conference
HOUSTON, May 16, 2023 /PRNewswire/ -- K.P. Energy Limited (KPE) (NYSE: KPE) today announced that Cary Graves, Chairman, President and Chief Executive Officer, and Chad Robison, Senior Vice President and Chief Financial Officer, will participate in the 40th Annual J.P. ... For the full story, visit https://prn.to/3w6J9mY
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K.P. Energy Limited Completes Sale of Onshore Wind Farm Projects
HOUSTON, April 20, 2023 /PRNewswire/ -- K.P. Energy Limited (KPE) (NYSE: KPE) today announced that it has completed the sale of two onshore wind farm projects, Roosevelt Wind and Post Rock, both located in Kansas. The wind farms have a combined capacity of 150 megawatts...
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K.P. Energy Limited to Report Second Quarter 2023 Financial Results on July 27, 2023
HOUSTON, July 12, 2023 /PRNewswire/ -- K.P. Energy Limited (KPE) (NYSE: KPE) today announced that it will release its second quarter 2023 financial results on Thursday, July 27, 2023, before the market opens. KPE management will host a conference call that day at...
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K.P. Energy Limited Appoints Jim Owen as Senior Vice President of Renewables
HOUSTON, March 7, 2023 /PRNewswire/ -- K.P. Energy Limited (KPE) (NYSE: KPE) today announced that it has appointed Jim Owen as Senior Vice President of Renewables. In this role, Mr. Owen will lead KPE's renewable energy business, which includes the development...