Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) last week provided an update on its 2024 year-end reserves, reporting significant growth in reserves and highlighting new discoveries in Colombia's Llanos Basin. The company said its PDP reserves nearly doubled in 2024, while its total proven reserves reached 5.3 million barrels.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors that its successful horizontal well drilling in Colombia has unlocked a major increase in reserves. The annual reserves assessment for 2024, conducted by Boury Global Energy Consultant (BouryGEC), highlights a 92% increase in Proved Developed Producing (PDP) reserves to 2.38 million barrels of oil equivalent (boe) - PDP reserves were valued at $71.3 million.
Examine American Axle's (AXL) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
AXL's revenues and cash flows are likely to get hit by expected declines in North American light vehicle production and massive capital expenditure.
AXL's fourth-quarter 2024 results reflect a narrower loss and strong cash flow despite falling revenues across segments.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q4 2024 Earnings Conference Call February 14, 2025 10:00 AM ET Company Participants David Lim - Head, Investor Relations David Dauch - Chairman & Chief Executive Officer Chris May - Executive Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Edison Yu - Deutsche Bank Doug Carson - Bank of America Operator Good morning. My name is Rocco, and I will be your conference facilitator today.
American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.09 per share a year ago.
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) is set for an active period with ongoing drilling activity and production growth acting as value catalysts, that's according to analysts at Zeus Capital. On Wednesday, the broker repeated a ‘buy' recommendation, which, with a 55p price target, sees the junior oil and gas share potential more than double in value – from the current price of 19.5p in London.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has updated on its latest vertical wells at the Alberta Llanos field in Colombia, and told investors that production rates for January exceeded forecasts – with net output rising above 4,500 barrels per day. In addition to the vertical wells, which are the subject of today operations update, the company is also planning to drill more horizontal wells after those drilled in 2024 proved successful.
AXL agrees with Dowlais for a proposed cash and share acquisition of Dowlais' entire issued and future ordinary share capital at approximately $1.44 billion.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) AAM Announces Combination with Dowlais Conference Call January 29, 2025 8:00 AM ET Company Participants David Lim - Head, IR David Dauch - Chairman and CEO Chris May - EVP and CFO Conference Call Participants James Picariello - BNP Paribas Tom Narayan - RBC William Tackett - Morgan Stanley Joe Spak - UBS Dan Levy - Barclays Douglas Karson - Bank of America Merrill Lynch Operator Good morning. My name is Rocco, and I will be your conference call facilitator today.