Arrow Exploration cheers ‘best' quarter yet thanks to horizontal well successes
Portfolio Pulse from
Arrow Exploration Corp reported its best quarter yet, with a 53% increase in revenue to $21.3 million and a 64% growth in production, driven by successful new horizontal wells.
November 28, 2024 | 8:45 am
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Arrow Exploration Corp's Q3 results show a 53% increase in revenue and a 64% growth in production, attributed to successful new horizontal wells.
The significant increase in revenue and production indicates strong operational performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100