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UPDATE: Bankers Petroleum Up Slightly As Reports FY 2012 Financial Results

Bankers Petroleum Ltd. (BNK.TO) reported year 2012 net income of $34.4 million, or $0.136 per diluted share, on revenues of $432.1 million. Analysts expected earnings per share of $0.20, with revenues of $425 million. Funds from operations were $192.6 million, or $0.763 per share.

Last year, net income was $36 million, or $0.141 per diluted share, on revenues of $340 million. Funds from operations were $148 million, or $0.559 per share.

BNK was up a cent to $3.03, moving closer to 52-week high $4.56.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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