SeaBird Exploration Plc (DE:E36) has released an update.
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Seabird Exploration Plc reported a strong second quarter for 2024 with revenues of USD 4.6 million, an EBITDA of USD 1.5 million, and a high utilization rate of 89%. The company also secured a 12-month OBN contract and is proposing a cash distribution of NOK 0.25 per share, subject to approval at an upcoming EGM. The positive financial results are underpinned by a continued strong market outlook.
For further insights into DE:E36 stock, check out TipRanks’ Stock Analysis page.
