Energean (GB:ENOG) has released an update.
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Energean PLC reported a strong financial performance with a 61% increase in adjusted EBIDTAX and a 35% rise in revenues for the nine months ending September 2024. The company continues to enhance its operational resilience, highlighted by a 99% uptime in Israeli production and successful developments in key projects, including the Prinos carbon storage initiative. Energean aims to complete the sale of its Egypt, Italy, and Croatia portfolio by year-end, focusing on core assets and sustaining shareholder returns through dividends.
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