PetroTal Corp (TSE:TAL) has released an update.
PetroTal Corp. reported a successful Q3 2024, with a 39% increase in production compared to last year, despite challenging river conditions affecting exports. The company achieved an EBITDA of $47.5 million and ended the quarter with $133 million in cash, positioning itself well for future developments. Additionally, PetroTal announced a dividend of $0.015 per share, reflecting its commitment to returning value to shareholders.
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