Petrus Resources (TSE:PRQ) has released an update.
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Petrus Resources reported a steady financial performance in Q3 2024 despite a decrease in overall production, driven by strategic shut-ins and maintenance downtime. The company maintained its commitment to shareholders with a robust dividend yield and increased oil production, offsetting lower commodity prices. Petrus also reduced its net debt, showing resilience in a challenging market environment.
For further insights into TSE:PRQ stock, check out TipRanks’ Stock Analysis page.
