Pharos Energy posts lower 2025 revenue as oil prices weigh on sales
Pharos Energy reported preliminary 2025 results marked by a decline in oil and gas revenue to $114.60 million and a return to a net loss after a prior-year profit. The company recorded gross profit of $18.20 million and operating profit of $8.70 million, proposed a $5.2 million final dividend subject to shareholder approval, and raised its 2026 wor…