NewMed Energy reported record results in the third quarter of 2024, with net profit jumping 25% to $147 million as production from its Leviathan gas field reached an all-time high of 3.1 billion cubic meters (BCM). Revenues in the third quarter increased to approximately $313.6 million compared to $285.8 million in the corresponding quarter of 2023, and production also reached an all-time high, with approximately 3.1 BCM produced in the third quarter of 2024, compared to 2.9 BCM in the corresponding quarter in 2023.
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