Pieridae Announces 2025 Guidance & Capital Program
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Pieridae Energy Limited has announced its 2025 guidance, including production, Net Operating Income (NOI), and capital expenditure projections. The company aims to maintain safety and regulatory compliance while minimizing facility outages.
December 05, 2024 | 11:15 pm
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Pieridae Energy Limited has provided its 2025 guidance, projecting production between 23,000 to 25,000 boe/d and NOI between $75M to $95M. The company plans capital expenditures of $25M to $30M, focusing on safety and minimizing facility outages.
The announcement of 2025 guidance with specific production and financial targets is likely to positively impact Pieridae's stock as it provides clarity and direction for investors. The focus on safety and minimizing outages further supports operational stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100