- 2022 underlying operating profit up 72 per cent to $10mn before $6mn impairment charge to reflect weaker oil prices
- Stable net sales of 2,975 barrels of oil per day (bopd)
- Oil price weak, but there are near-term company-specific share price drivers
- Introduction of dividend and share buybacks
Trinity Exploration & Production (TRIN:78p), an oil and gas explorer and producer focused on Trinidad and Tobago, delivered annual results in line with analysts' estimates.