Tamar Petroleum Second Quarter 2024 Earnings: EPS: US$0.12 (vs US$0.14 in 2Q 2023)

Tamar Petroleum (TLV:TMRP) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$60.6m (down 4.8% from 2Q 2023).
• Net income: US$10.9m (down 8.6% from 2Q 2023).
• Profit margin: 18% (in line with 2Q 2023).
• EPS: US$0.12 (down from US$0.14 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tamar Petroleum shares are up 2.0% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Tamar Petroleum (at least 2 which make us uncomfortable), and understanding these should be part of your investment process.

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