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The latest update is out from Logan Energy Corp ( (TSE:LGN) ).
Logan Energy Corp reported significant growth in its 2024 financial results, with a 51% increase in production and an 80% rise in adjusted funds flow compared to the previous year. The company successfully executed its growth strategy, doubling crude oil production and increasing its liquids weighting, despite lower natural gas prices. Logan’s strategic investments in infrastructure, including a new gas plant and expansions in key areas, are expected to support continued growth and operational efficiency in 2025.
More about Logan Energy Corp
Logan Energy Corp is an energy company operating in the oil and gas industry, focusing on the production and development of oil and liquids-rich natural gas assets. The company aims to grow its operations and enhance its market position following its spin-out from Spartan Delta Corp.
YTD Price Performance: -11.11%
Average Trading Volume: 342,382
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$413.6M
For an in-depth examination of LGN stock, go to TipRanks’ Stock Analysis page.