New Stratus Energy (TSE:NSE) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
New Stratus Energy Inc. reports progress in their joint venture operations with the reactivation of two wells and plans to reactivate more, targeting a total production of 3,500 barrels per day by the year’s end. The company is in a strong financial position with CAD$35.4 million in working capital and has also been named a 2024 Top 50 company by the TSX Venture Exchange. Additionally, New Stratus is close to finalizing a significant acquisition in Mexico, expected to take effect from April 1, 2024.
For further insights into TSE:NSE stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue