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  • Net Power Ended Q3 2024 With ~$580M Of Total Cash, Cash Equivalents And Investments, As Compared To ~$609M In Q2 2024

Net Power Ended Q3 2024 With ~$580M Of Total Cash, Cash Equivalents And Investments, As Compared To ~$609M In Q2 2024

Benzinga ·  Nov 12, 2024 05:24

Financial Updates

During the third quarter, cash flow used in operations was approximately $8 million and cash flow used for capital expenditures was approximately $22 million, primarily for La Porte and Project Permian. The Company ended the third quarter of 2024 with approximately $580 million of total cash, cash equivalents and investments, as compared to approximately $609 million in the second quarter of 2024.

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