Highwood Oil Co. Ltd. (TSE:HAM) has released an update.
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Highwood Asset Management Ltd. reported a strong second quarter in 2024, with a record-breaking production increase of 29% and substantial growth in financial metrics such as Adjusted EBITDA and funds flow from operations. The company has successfully reduced its net debt and expanded its borrowing base after a successful drilling program, showing promising financial health and operational growth.
For further insights into TSE:HAM stock, check out TipRanks’ Stock Analysis page.