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.
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