tiprankstipranks
Trending News
More News >

Jadestone Energy Reports Robust 2024 Results Amidst Strategic Growth

Story Highlights

Confident Investing Starts Here:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App