TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from AXP Energy ( (AU:AXP) ).
AXP Energy Limited announced successful flowback operations at its Charlie #1 well in Oklahoma, maintaining strong pressure and hydrocarbon content. The company is installing a separator and tank battery to optimize flowback performance and facilitate early-stage revenue from natural gas production. This development marks a significant milestone, enabling immediate natural gas sales and supporting AXP’s strategy to integrate production with energy-intensive computing infrastructure. The company plans to update shareholders on initial production rates and further development progress.
More about AXP Energy
AXP Energy Limited is an energy company primarily involved in the exploration and production of oil and natural gas. The company focuses on optimizing its production operations and integrating them with high-efficiency computing infrastructure, as evidenced by its strategic planning for onsite crypto mining development.
YTD Price Performance: -30.77%
Average Trading Volume: 705,902
Technical Sentiment Signal: Sell
Current Market Cap: A$6.01M
See more insights into AXP stock on TipRanks’ Stock Analysis page.