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Valeura Energy’s Profitable Q2 and Environmental Honor

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Valeura Energy’s Profitable Q2 and Environmental Honor

Valeura Energy (TSE:VLE) has released an update.

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Valeura Energy Inc. has reported a strong second quarter in 2024, with significant operational achievements and healthy financials, including an adjusted cashflow from operations of US$65.7 million and a robust net cash balance of US$146.8 million. The company saw oil production of 21.1 mbbls/d, generated revenue of US$164.0 million, and won the 2024 EIA Monitoring Award, indicating both effective management and environmental stewardship.

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

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