In today’s briefing:
- Valeura Energy (TSX: VLE): High Production in 4Q24. Launching a Share Buyback Programme
Valeura Energy (TSX: VLE): High Production in 4Q24. Launching a Share Buyback Programme
- The 3Q24 production and cash position at the end of September had been reported previously.
- Production in September and October stood at ~26.4 mbbl/d. This is very high.
- The company expects production to be ~26 mbbl/d over 4Q24. We only assumed 24-25 mbbl/d.