Resilient 3R Petroleum Excels in Q2 with Merger and Profit Surge

3R Petroleum recently disclosed its second-quarter results, aligning with Bank of America’s (BofA) forecasts. Yet, the real narrative centers on its cash flow turnaround. The oil firm reported an impressive R$430 million ($76.8 million) in shareholder cash flow, rebounding from last quarter’s negative figures. This surge is expected to boost the company’s stock when trading […]