Logan Energy (CVE:LGN) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$24.4m (up 82% from 2Q 2023).

• Net income: CA$416.0k (up from CA$3.86m loss in 2Q 2023).

• Profit margin: 1.7% (up from net loss in 2Q 2023).

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

Logan Energy Earnings Insights

Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

Be aware that Logan Energy is showing 1 warning sign in our investment analysis that you should know about...

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