Angus Energy (GB:ANGS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Angus Energy PLC reports a significant year-on-year increase in gas production and a robust EBITDA of £6.937m in its interim accounts for the six months ending 31 March 2024. The company has strengthened its financial stability with the refinancing of its debt through Trafigura Group PTE Ltd and has successfully restarted production at its Brockham site. Additionally, Angus Energy is actively pursuing a growth strategy, focusing on both organic enhancements and strategic acquisitions to bolster its market position.
For further insights into GB:ANGS stock, check out TipRanks’ Stock Analysis page.