Empire Energy Group Reports Cash Flow Changes Amid Exploration Investments

Empire Energy Group Limited ( (AU:EEG) ) has provided an update.

Empire Energy Group Limited reported a net decrease in cash and cash equivalents for the quarter ending March 31, 2025, primarily due to significant investments in exploration and evaluation activities. The company experienced a net cash outflow from operating and investing activities, partially offset by financing activities, which included proceeds from borrowings. This financial update highlights the company’s strategic focus on expanding its exploration efforts, impacting its cash flow and financial positioning.

More about Empire Energy Group Limited

Empire Energy Group Limited operates in the mining exploration industry, focusing on oil and gas exploration. The company is engaged in the exploration and evaluation of mining tenements, aiming to expand its presence and operations within the energy sector.

YTD Price Performance: -72.26%

Average Trading Volume: 15,271

Technical Sentiment Signal: Buy

Current Market Cap: $111.2M

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