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Tethys Petroleum Second Quarter 2024 Earnings: EPS: US$0.01 (vs US$0.036 in 2Q 2023)
Tethys Petroleum (CVE:TPL) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$4.79m (down 47% from 2Q 2023).
- Net income: US$1.03m (down 75% from 2Q 2023).
- Profit margin: 22% (down from 46% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: US$0.01 (down from US$0.036 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tethys Petroleum shares are down 1.4% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Tethys Petroleum (1 can't be ignored!) that we have uncovered.
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About TSXV:TPL
Tethys Petroleum
Acquires, explores for, and develops crude oil and natural gas fields in Kazakhstan.
Adequate balance sheet with acceptable track record.