Journey Energy (TSE:JOY) has released an update.
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Journey Energy Inc. reported a decrease in second-quarter sales revenue by 6% and a significant net loss compared to the previous year, alongside generating $9.5 million in adjusted funds flow. The energy firm is progressing with a power generation project and has entered a joint venture to develop oil and gas assets, which will be funded through cash flow and recent financing.
For further insights into TSE:JOY stock, check out TipRanks’ Stock Analysis page.
