Canacol Energy Ltd. Reports Net Income of $13.9 Million For The Second Quarter of 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2025
0mins
Source: Globenewswire
Financial Performance: Canacol Energy Ltd. reported a decrease in natural gas and LNG operating netback by 4% for Q2 2025 compared to Q2 2024, with total revenues down 27% and adjusted EBITDAX down 35%. However, the company achieved a net income of $13.9 million for Q2 2025, recovering from a loss in the same period last year.
Operational Updates: The corporation is focused on exploration and development drilling, having successfully drilled new wells in June 2025, with current natural gas sales at approximately 138 MMcfpd. Additionally, there was a management change with the resignation of Senior VP William Satterfield.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like undefined with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
