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JX Energy Ltd. Updates on Key Gas Handling Agreements

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JX Energy Ltd. Updates on Key Gas Handling Agreements

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An announcement from JX Energy Ltd. ( (HK:3395) ) is now available.

JX Energy Ltd. has supplemented its Annual Report 2024 with details about its continuing connected transactions, particularly the gas handling and compression agreements with Jixing Energy (Canada) Ltd. These agreements, which involve transporting natural gas from the Voyager area, entail significant monthly handling charges and are crucial for JX Energy’s operational logistics. The agreements reflect the company’s strategic partnerships and financial commitments, impacting its operational costs and potentially influencing its market positioning.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

More about JX Energy Ltd.

JX Energy Ltd. is a company incorporated under the laws of Alberta, primarily engaged in the energy sector. The company focuses on the production and transportation of natural gas and associated products, leveraging agreements with entities like Jixing Energy (Canada) Ltd. to facilitate its operations.

Average Trading Volume: 5,431,119

Technical Sentiment Signal: Buy

Current Market Cap: HK$193.2M

See more data about 3395 stock on TipRanks’ Stock Analysis page.

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