Cavvy Energy

Cavvy Energy reported Q1 2026 operating income of CAD 41.9m (+29%) and revenue of about CAD 106m, driven by a strong rise in sulfur sales, which accounted for 33% of revenue. Production was 24,600 BOE/day, sulfur production 1,100 tonnes/day; net debt was reduced by CAD 27m in one quarter. Cash flow from operations rose to CAD 32.2m (+48%) and the operating netback almost doubled, yet the stock fell 9.93% to CAD 1.36. Management expects further revenue growth from sulfur and midstream businesses but warns of sulfur price volatility, maintenance risks and a weak gas market; EPS forecasts are USD 0.02 for Q2 and USD 0.09 for full-year 2026. » Altro su de.investing.com

Cavvy Energy recorded an operating net income of CAD 20.8m in Q4 2025 and a netback of CAD 9.82/BOE; the operating net income for the year was CAD 110.5m, beating guidance. Funds flow was CAD 13.5m in the quarter (CAD 63m for the year) and hedge gains contributed significantly with CAD 12.8m in the quarter (CAD 80m annually). Despite a 14% decline in production, Cavvy achieved substantial reductions in operating costs; management expects stronger revenues from sulfur sales in 2026 (25–30% of revenue) as well as further debt reduction and operational optimizations. Risks remain commodity price volatility, potential production shutdowns and competitive pressure. » Altro su de.investing.com

Cavvy Energy reports a net operating result of CAD 30.6 million for Q3 2025 with funds flow of CAD 11.9 million, and keeps production steady at 24,000 BOE/day. Operating expenses fell to CAD 36.7 million, and the company announced a new sulfur pricing agreement to boost earnings. The outlook for net operating result was raised to CAD 100–110 million; the target is a netback of CAD 11.50–12.50/BOE and a leverage ratio of around 1x through a focus on debt reduction in 2026. » Altro su de.investing.com