06:51 AM EDT, 03/25/2025 (MT Newswires) -- Valeura Energy ( VLERF ) on Tuesday said fourth-quarter net income soared on higher oil volumes.

Net income was US$214 million, surging from US$23.5 million. Oil revenue amounted to US$226.1 million, up from US$169.9 million.

Valeura produced 2.4 million barrels of oil, increasing from 1.8 million barrels. The company sold 2.9 million barrels, up from 2 million barrels.

Adjusted EBITDAX was US$132.4 million, rising from US$96.7 million.