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QPM Energy Boosts Revenue 21% with Moranbah Power Station Acquisition
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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QPM Energy Boosts Revenue 21% with Moranbah Power Station Acquisition
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
21.3% increase in quarterly electricity and gas sales revenue to $30.8 million
Acquisition of 12.8MW Moranbah Power Station enhances generation capacity and cuts operating costs
Teviot Brook South wells commissioned with dewatering underway, further drilling planned
Overall gas supply declined 4%, offset by increased QPM-managed production
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