Yangarra Q2 FY26 net income rises 77% to $12 million; revenue increases 46% to $43.2 million
Reuters2026/07/30 21:19By:Reuters
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- Yangarra posted Q2 net income of CAD 12 million, up 77% year over year, as revenue climbed 46% to CAD 43.2 million.
- Funds flow from operations rose 68% to CAD 26 million, while adjusted EBITDA increased 66% to CAD 27.5 million.
- Average output slipped 5% from a year earlier to 10,078 boe/d, with wet field conditions delaying new wells by about one month.
- Operating costs were CAD 9.19/boe, operating netback was CAD 32.12/boe, capital spending totaled CAD 23.2 million, adjusted net debt ended at CAD 110.4 million.
- Three Belly River wells were drilled and fractured; two were brought onstream late last week and one yesterday, with further results expected in August or September.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yangarra Resources Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301700PRIMZONECNPR____9801253) on July 30, 2026, and is solely responsible for the information contained therein.
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