AXP Energy’s Strategic Shift to Gas-to-Power Operations

AXP Energy Limited (AU:AXP) has released an update.

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AXP Energy Limited is set to host a shareholder briefing on December 5, 2024, to discuss their progress in gas-to-power operations at the Pathfinder Field in Colorado. The company, which operates 24 oil and gas wells, aims to convert stranded gas into power for data centers involved in high-performance computing. This strategic move positions AXP in a promising niche market, potentially boosting its appeal to investors.

For further insights into AU:AXP stock, check out TipRanks’ Stock Analysis page.

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