Kiwetinohk Energy Corp. (TSE:KEC) has released an update.
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Kiwetinohk Energy Corp. has announced a record quarterly production of 27,556 barrels of oil equivalent per day, marking a 12% increase from the previous quarter and surpassing their own estimates. The company has delivered strong financial performance with an operating netback of $32.47/boe and adjusted funds flow from operations at $75.0 million. These results have prompted positive revisions to their full-year 2024 guidance, reflecting a confident outlook for investors.
For further insights into TSE:KEC stock, check out TipRanks’ Stock Analysis page.