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Navitas Petroleum Limited Partnership Second Quarter 2024 Earnings: EPS: US$0.094 (vs US$0.065 in 2Q 2023)
Navitas Petroleum Limited Partnership (TLV:NVPT) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$21.8m (up 16% from 2Q 2023).
- Net income: US$9.40m (up 54% from 2Q 2023).
- Profit margin: 43% (up from 32% in 2Q 2023). The increase in margin was primarily driven by higher revenue.
- EPS: US$0.094 (up from US$0.065 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Navitas Petroleum Limited Partnership shares are up 5.9% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 5 warning signs for Navitas Petroleum Limited Partnership (of which 2 make us uncomfortable!) you should know about.
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About TASE:NVPT
Navitas Petroleum Limited Partnership
Explores for, develops, and produces oil and natural gas in North and South America.