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Westgate Energy Posts Higher Q2 Earnings QoQ
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Westgate Energy Posts Higher Q2 Earnings QoQ
Aug 30, 2024 5:10 AM

07:42 AM EDT, 08/30/2024 (MT Newswires) -- Westgate Energy (WGT.V) reported on Friday an increase in operating income and revenue in the second quarter from the first quarter.

The company booked an operating income of $388,761, rising from $276,596 quarter-over-quarter.

Total revenue climbed to $794,946 from $731,152 while production improved to 193 barrels of oil equivalent per day (boe/d) from 178 boe/d.

Westgate is focused on advancing the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan.

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