tiprankstipranks
Trending News
More News >

Lycos Energy Announces Strong 2024 Reserves and Strategic Review

Story Highlights
Lycos Energy Announces Strong 2024 Reserves and Strategic Review

Confident Investing Starts Here:

Samoth Oilfield ( (TSE:LCX) ) has shared an announcement.

Lycos Energy Inc. has announced its 2024 year-end reserves evaluation, showcasing significant growth in reserve volumes and asset value. The company reported increases in Proved Developed Producing reserves and Proved plus Probable Developed Producing reserves, with a notable rise in Total Proved and Total Proved plus Probable Net Asset Value per share. This strategic move, including a comprehensive review process, aims to enhance shareholder value and strengthen Lycos’s market position.

More about Samoth Oilfield

YTD Price Performance: -14.07%

Average Trading Volume: 79,815

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$123.5M

Find detailed analytics on LCX stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report 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