Cavvy Energy swings to Q3 2026 net income of $8.67 million from year-earlier loss
Bitget2026/11/05 22:31- Cavvy Energy’s Q3 2026 non-GAAP net operating income rose 25% versus Q3 2025 to $38.4 million.
- Non-GAAP funds flow from operations more than doubled year-over-year to $29.5 million.
- Production fell 27% year-over-year to 17,482 boe/d due to Caroline’s scheduled turnaround and an unscheduled Waterton outage.
- All three major facilities are online, with management expecting normal, sustained run-times throughout Q4 and into 2027.
- A new forward agreement fixes 200,000 mt of 2027 sulphur sales at US$525/mt before transportation and handling deductions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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