ShaMaran Petroleum Achieves Strong Growth in Q2 2024
Company Announcements

ShaMaran Petroleum Achieves Strong Growth in Q2 2024

Story Highlights

ShaMaran Petroleum (TSE:SNM) has released an update.

ShaMaran Petroleum Corp. has reported a significant increase in production and revenue for Q2 2024, with gross daily oil production more than tripling and revenue from local sales nearly quadrupling compared to the same period last year. The company has also successfully extended the maturity of its bonds, enhancing its financial flexibility for future growth.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskShaMaran Petroleum Sees Strong Q3 2024 Results
TipRanks Canadian Auto-Generated NewsdeskShaMaran Petroleum Reduces Bond Debt and Plans Results
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