Bengal Energy (TSE:BNG) has released an update.
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
Bengal Energy reported a 35% decline in crude oil sales revenue for the second quarter of fiscal 2025 compared to the previous year, driven by a significant drop in production volumes. The company is investigating production allocation changes and has delayed capital expenditures due to financing constraints.
For further insights into TSE:BNG stock, check out TipRanks’ Stock Analysis page.