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i3 Energy Plc’s Capital Program Boosts Production
Company Announcements

i3 Energy Plc’s Capital Program Boosts Production

i3 Energy Plc (GB:I3E) has released an update.

i3 Energy Plc announces a 2024 capital budget of USD 50.9 million aimed at drilling 15 wells, forecasting a 3% year-over-year production increase and significant net operating income. The company plans to maintain strong shareholder returns with a projected 8.1% yield in dividends, emphasizing sustainable growth and financial stability amid market volatility.

For further insights into GB:I3E stock, check out TipRanks’ Stock Analysis page.

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