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Bengal Energy Posts Strong Q1 Revenue Growth

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Bengal Energy Posts Strong Q1 Revenue Growth

Bengal Energy (TSE:BNG) has released an update.

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Bengal Energy Ltd. has reported a 14% increase in crude oil sales revenue to $1.9 million for the first quarter of fiscal 2025, despite a slight 2% drop in production, supported by a notable rise in realized oil prices. The company also saw an improvement in its operational results, with funds from operations hitting $0.2 million and a reduced net loss of $0.2 million compared to the same quarter last year.

For further insights into TSE:BNG stock, check out TipRanks’ Stock Analysis page.

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