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Cue Energy Resources Limited ( (AU:CUE) ) has shared an update.
Cue Energy Resources Limited reported a 10% increase in revenue to $54.8 million for FY2025, with an EBITDAX of $30.3 million, despite a 56% drop in net profit after tax. The company declared a total dividend of 1.5 cents per share for the year, yielding 14% for shareholders. Significant development activities included the completion of 13 production wells, with additional drilling at Mahato leading to increased oil output. The company ended the year with a strong cash position and no debt, indicating robust operational performance. Future growth is expected from ongoing projects, including the Paus Biru and Mahato developments, which are anticipated to enhance production and returns.
More about Cue Energy Resources Limited
Cue Energy Resources Limited is a company operating in the energy sector, focusing on oil and gas production. It is involved in the exploration and development of energy resources, with a market focus on both domestic and international markets.
Average Trading Volume: 264,080
Technical Sentiment Signal: Buy
Current Market Cap: A$83.89M
See more data about CUE stock on TipRanks’ Stock Analysis page.