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Central Petroleum Limited ( (AU:CTP) ) has shared an update.
Central Petroleum Limited reported a significant increase in sales revenue for the quarter ending June 2025, driven by new gas sale contracts and strong sales volumes. The company’s sales revenue rose by 22% for the full year and 28% for the second half of FY25 compared to the first half. The average delivered unit sales price also increased by 6% in the June quarter. Operating cash inflows improved by 70% from the previous quarter, and the cash balance at the end of the quarter was $27.5 million. These developments reflect the successful implementation of new contracts and drilling activities, positioning Central Petroleum favorably in the energy market.
More about Central Petroleum Limited
Central Petroleum Limited operates in the energy sector, focusing on the exploration and production of gas and oil. The company is primarily involved in supplying gas from its fields in the Northern Territory, Australia, and is engaged in marketing and drilling activities to enhance its market presence.
Average Trading Volume: 457,279
Technical Sentiment Signal: Hold
Current Market Cap: A$40.99M
See more data about CTP stock on TipRanks’ Stock Analysis page.