TAG Oil (CVE:TAO) First Half 2024 Results

Key Financial Results

• Net loss: CA$2.96m (loss widened by 23% from 1H 2023).

• CA$0.014 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

TAG Oil Earnings Insights

Looking ahead, revenue is forecast to grow 179% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for TAG Oil (1 is a bit unpleasant!) that we have uncovered.

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