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Rubellite Energy Sees Strong Q3 Performance Boost

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Rubellite Energy Sees Strong Q3 Performance Boost

Rubellite Energy Inc (TSE:RBY) has released an update.

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Rubellite Energy Corp. reported a significant increase in its third quarter production and financial performance, driven by the successful acquisition of Buffalo Mission Energy Corp. and enhanced drilling activities. The company’s net income rose to $15 million, supported by higher adjusted funds flow and an unrealized gain on risk management contracts.

For further insights into TSE:RBY stock, check out TipRanks’ Stock Analysis page.

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