Energean ( (GB:ENOG) ) has provided an update.
Energean Israel Limited has released its consolidated financial statements for the year ending December 31, 2024. The independent auditor’s report confirms that the financial statements present a fair view of the company’s financial position and performance in accordance with IFRS. A significant audit focus was on the estimation of oil and gas reserves, which impacts key financial metrics such as decommissioning, recoverability, and depreciation. The audit process included a thorough review of the company’s reserve estimation methods and the integration of these estimates into financial reporting, ensuring transparency and accuracy for stakeholders.
More about Energean
Energean is a company operating in the oil and gas industry, focusing on exploration and production activities. It is involved in the estimation and management of oil and gas reserves, which are crucial for its financial reporting and operational planning.
YTD Price Performance: -17.43%
Average Trading Volume: 314,532
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.61B
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