Cavvy Energy Q2 2026 net income rises to $16.2 million; revenue climbs to $99.8 million
Reuters2026/09/01 17:48- Cavvy Energy posted Q2 2026 net income of CAD 16.2 million, or CAD 0.05 a share, alongside CAD 49.6 million net operating income.
- Funds flow from operations reached CAD 41.9 million, as cash interest expense fell 26% to CAD 3.5 million versus Q2 2025.
- Revenue totaled CAD 99.8 million, including CAD 42.8 million of realized sulphur revenue and CAD 12.3 million of third-party processing revenue.
- Output averaged 21,497 boe/d, while sulphur production ran at 984 mt/d; Waterton had a planned three-week downtime tied to a sales-line outage.
- Net debt ended Q2 at CAD 127.6 million; full-year 2026 guidance calls for CAD 170–180 million NOI and CAD 75–85 million total debt.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple CEO Tim Cook addresses all employees for the first time: next week's iPhone launch will be "extraordinary"
In his first letter to all employees as the new CEO, Tim Cook stated: “Next week, we have a major launch event, and it will be truly extraordinary. What also excites me is the future that lies ahead, including the amazing products we are developing, as well as those we have not yet imagined but will create together.”
Hormuz Crisis Deepens as U.S. Targets Iranian Revolutionary Guard Forces
Nuveen Municipal Income Fund files Form 3 for VP Parth Doshi
Robinhood Chain Hits $989M DEX Volume as Activity Surges
Crypto prices
More
