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Afentra ( (GB:AET) ) has issued an update.
Afentra plc has released its Annual Report and Financial Statements for the year ending December 31, 2024, alongside the notice for its 2025 Annual General Meeting. The company reported a significant turnaround in its financial performance, achieving a profit of $52.35 million compared to a loss in the previous year. This improvement reflects Afentra’s strategic positioning in the African oil and gas sector, with a focus on responsible energy transition and partnerships with international oil companies and host governments. The AGM will be conducted electronically, allowing shareholders to participate and vote online, highlighting the company’s commitment to modernizing its shareholder engagement.
More about Afentra
Afentra plc is an upstream oil and gas company focused on opportunities in Africa, aiming to support a responsible energy transition by partnering with divesting international oil companies and host governments. The company holds various non-operated interests in offshore and onshore blocks in Angola and Somaliland.
Average Trading Volume: 711,269
Technical Sentiment Signal: Hold
Current Market Cap: £83.45M
See more insights into AET stock on TipRanks’ Stock Analysis page.
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