Alvopetro Energy

Alvopetro Energy reported estimated June sales of 2,990 boepd, with Brazilian sales averaging 2,834 boepd (16.0 MMcfpd gas, 172 bpd condensate, 3 bpd oil) and Canadian oil at 156 bpd. The company completed drilling the 183-D1 well at Murucututu, identified 47.7 metres of potential gas pay, is mobilizing to complete the well for early August production and has accelerated drilling of 183-H2 and 183-G2. From August 1 gas prices under its long-term contract rise to BRL2.00/m3 (first 400,000 m3/d) and BRL1.91/m3 (next 100,000 m3/d), implying an expected weighted average realized price of about $11.70/Mcf for Aug–Oct, roughly 15% above Q1 levels. » Plus sur finance.yahoo.com

Alvopetro amended its long-term agreement with Bahiagás, increasing firm gas sales by 25% to 500,000 m3/day plus an extra 100,000 m3/day to be supplied in 2026–2027, with incremental volumes priced at 10.5% of average Brent. The company expects weighted average realized gas prices of about $10.09/Mcf for Feb–Apr, rising to $10.68 for May–Jul and $12.87 for Aug–Oct. At higher contracted volumes Alvopetro forecasts average 2026 sales in Brazil of ~2,900 boepd (up ~20% vs. 2025) and reported record Q1 production of 3,124 boepd; one well (183-1) is shut in after low inflow while a rig is being mobilized for the 183-D1 Caruaçu development well. » Plus sur finance.yahoo.com

Alvopetro Energy reported record production of nearly 2,900 BOE/d for Q4 2025 and an average production of 2,523 BOE/d for the year, up 41% year-over-year. Revenue was $15.76 million, beating estimates, while EPS of $0.15 narrowly missed the forecast. The company announced a dividend increase to $0.12 for Q1 2026 and projects production above 3,000 BOE/d for 2026 as well as higher EPS in coming quarters. The stock rose 2.89% to $8.31 after the results. » Plus sur de.investing.com