Pieridae Energy (TSE:PEA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Pieridae Energy Limited has announced its 2025 guidance, focusing on efficiency, revenue growth, and debt reduction. The company expects production to reach between 23,000 and 25,000 boe/d, with capital expenditures projected at $25 million to $30 million. Pieridae also aims to enhance its third-party processing business and reduce long-term debt to improve financial flexibility.
For further insights into TSE:PEA stock, check out TipRanks’ Stock Analysis page.