Capricorn Energy reported profit before tax from continuing operations of $13.9 million compared to a loss of $102.1 million, prior year. Loss per share from continuing operations was $0.16 compared to a loss of $0.74. For the year ended 31 December 2024, revenue declined to $147.8 million from $201.0 million, last year.
Randy Neely, Chief Executive, Capricorn Energy PLC said: "2024 was a pivotal year for Capricorn during which we continued to improve the operational performance of the Egyptian business and continued our culture of financial discipline, which helped the company achieve the upper end of production guidance."
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.