tiprankstipranks
Lycos Energy Inc. Sees Soaring Q2 2024 Profits
Company Announcements

Lycos Energy Inc. Sees Soaring Q2 2024 Profits

Story Highlights

Samoth Oilfield (TSE:LCX) has released an update.

Don't Miss our Black Friday Offers:

Lycos Energy Inc. reports a significant upturn in financial and operational performance for Q2 2024, with a 60% increase in production and a 157% boost in adjusted funds flow from operations. The company saw a record operating netback of $46.79 per boe, indicating strong profitability amid rising production figures.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLycos Energy Reports Strong Q3 Performance
Christine BrownSamoth Oilfield (LCX) Q3 Earnings Cheat Sheet
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App