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Posted by
Two Blokes Jun 7 -
Filed in
Stock
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NewMed Energy outperformed the S&P 500 with strong returns, driven by rising natural gas and condensate sales from the Leviathan reservoir. Despite a slight drop in net profit due to financial expenses, operational results remain robust with lower expenses and increased production volumes. The company maintains strong financial health, with ample liquidity, early bond redemption, and prudent use of cash flow for investments and distributions.
