- Journey Vitality press launch (OTCQX:JRNGF): This autumn GAAP EPS of C$0.05.
- Income of C$55.91M (-17.2% Y/Y).
- Within the fourth quarter of 2023, Journey had gross sales volumes of 12,595 boe/d.
- Journey achieved Adjusted Funds Movement of C$18.4 million throughout the fourth quarter of 2023.
- Commodity gross sales volumes have been 10% increased than the comparable quarter of 2022.
- Whole capital expenditures within the fourth quarter have been C$18.2 million together with C$14.3 million for the drilling, finishing and equipping of the wells drilled within the fourth quarter drilling program.
- Outlook: Journey forecasts lowering its web debt by roughly C$26 million in 2024 whereas sustaining manufacturing and energizing a brand new energy era facility.
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2024 Steerage Annual common every day gross sales volumes 11,500-12,000 boe/d (55% crude oil & NGL’s) Adjusted Funds Movement C$70 – 73 million Adjusted Funds Movement per weighted common share C$1.14 – $1.19 Capital spending C$41 million Yr finish 2024 Web DebtNet Debt to Adjusted Funds Movement ratio C$28 – $31 million0.4x
Journey Vitality GAAP EPS of C$0.05, income of C$55.91M; initiates FY24 outlook
Journey Vitality GAAP EPS of C$0.05, income of C$55.91M; initiates FY24 outlook
