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Hemisphere Energy Reports Growth and Declares Dividend
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Hemisphere Energy Reports Growth and Declares Dividend

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Hemisphere Energy (TSE:HME) has released an update.

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Hemisphere Energy reported a significant 18% increase in quarterly production to 3,621 boe/d, primarily heavy oil, driving a 10% rise in revenue to $26.7 million for Q3 2024. The company also declared a quarterly dividend and executed a $9.9 million capital expenditure program to expand its operations in Alberta and Saskatchewan. Shareholders benefitted from special and base dividends, reflecting Hemisphere’s positive financial standing and operational growth.

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

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