Welcome to our dedicated page for New Stratus news (Ticker: RDRIF), a resource for investors and traders seeking the latest updates and insights on New Stratus stock.
undefined (RDRIF) is a resource sector company focused on operational execution and strategic development. This news hub provides investors with centralized access to official announcements and market-moving updates.
Key resources include earnings reports, project milestones, leadership changes, and partnership announcements. Our curated feed ensures stakeholders stay informed about operational developments without promotional bias.
Regular updates cover production metrics, exploration activities, and financial disclosures. Bookmark this page for streamlined tracking of RDRIF's progress through verified sources. Check back frequently for real-time updates directly impacting investment analysis.
New Stratus Energy announced its financial results for the quarter ending March 31, 2024. The company reported a working capital of $26.57 million ($0.21 per basic share) and an adjusted working capital of $35.09 million ($0.28 per fully diluted share). NSE posted a net loss of $4.56 million ($0.04 per share). Goldpillar contributed $1.41 million in revenue and $1.33 million in adjusted EBITDA. Operational updates include successful interventions on several wells and the installation of infrastructure to support future production. NSE aims to increase production rates and reactivating 41 wells by the end of 2024.
