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An update from Jadestone Energy Inc ( (GB:JSE) ) is now available.
Jadestone Energy PLC reported a strong operational and financial performance for 2024, with a 35% increase in production and a 28% rise in revenues. The company successfully started production at the Akatara field and reduced operating costs, enhancing its resilience. With a significant increase in reserves and a reduction in net debt, Jadestone is well-positioned to weather oil price volatility and pursue strategic growth opportunities.
The most recent analyst rating on (GB:JSE) stock is a Hold with a £20.00 price target. To see the full list of analyst forecasts on Jadestone Energy Inc stock, see the GB:JSE Stock Forecast page.
More about Jadestone Energy Inc
Jadestone Energy PLC is an independent upstream company focused on the Asia-Pacific region. It specializes in oil and gas exploration and production, with a diversified portfolio of assets across Indonesia, Malaysia, and Vietnam.
Average Trading Volume: 866,136
Technical Sentiment Signal: Sell
Current Market Cap: £109.6M
For an in-depth examination of JSE stock, go to TipRanks’ Stock Analysis page.
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