Athabasca Oil Q2 FY26 net income rises 16.35% to $ CAD 66.17 million; sales fall 4.85% to $ CAD 342.61 million
Reuters2026/07/30 00:13- Athabasca Oil posts Q2 net income of CAD 66.17 million, lifting basic EPS to CAD 0.14 from CAD 0.11 a year earlier.
- Sales dip 4.85% to CAD 342.61 million, while production slides 17.85% to 32,110 boe/d on planned turnarounds.
- Cash flow from operating activities climbs 32.06% to CAD 133.94 million, while adjusted funds flow (non-GAAP) edges down 3.58% to CAD 123.03 million.
- Capital spending rises 15.10% to CAD 84.11 million, with net cash at CAD 62 million and liquidity at CAD 826 million.
- Leismer expansion stays on track for 12 new well pairs by early 2027; Corner Phase 1 sanction planned after Alberta’s new fiscal framework details.
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