VLE, CA9191444020

Valeura Energy completes Wassana milestone as Valeura Energy stock gains value

Published on 10/19/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Valeura Energy stock costs EUR 10.70 on October 19, 2026 before Xetra opens. Q3 revenue reached USD 196.10 million from 22.1 thousand barrels per day.

Wassana progress and valuation

Valeura Energy averaged 22.1 thousand barrels per day in the third quarter of 2026.
Simply Wall St raised the consensus fair value from CAD 19.10 to CAD 19.61 on October 17, 2026.
Valeura Energy stock traded at EUR 10.70 at 9:41 a.m. CEST at Lang & Schwarz on October 19, 2026.

VLE, CA9191444020, Illustration mit AI erstellt.

Valeura Energy (ISIN CA9191444020) traded at EUR 10.70 at Lang & Schwarz on October 19, 2026 before the Xetra open. In its October 7, 2026 Q3 operations update, Valeura Energy reported production of 22.1 thousand barrels per day and revenue of USD 196.10 million.

Q3 output supports the expansion plan

The Q3 figures connect current production with a broader development program in Thailand. Oil sales reached 2.013 million barrels during the quarter at an average realized price of USD 97.40 per barrel, while cash stood at USD 384.90 million on September 30, 2026. The company also reported no debt in the same update.

Wassana is the most immediate operating milestone. Onshore construction of its central processing platform was completed on October 1, 2026, and installation work was scheduled to start in October. Valeura said the redevelopment schedule remained two months ahead of its original plan, with first oil targeted for the beginning of the second quarter of 2027.

What does the valuation mean?

The market capitalization was CAD 1.8 billion on October 16, 2026, while the 52-week range stood at CAD 6.07 to CAD 17.00. A valuation update from Simply Wall St on October 17, 2026 placed consensus fair value at CAD 19.61, up from CAD 19.10. The update cited faster Wassana timing, lower contracted drilling costs and new farm-in opportunities.

Three milestones define the timeline

On September 21, 2026, Jasmine reached cumulative production of 100 million barrels of oil. On October 1, 2026, Valeura completed onshore construction of the Wassana platform. On October 7, 2026, the company reported Q3 production of 22.1 thousand barrels per day and revenue of USD 196.10 million.

Results date is November 11

Valeura plans to publish its full unaudited Q3 financial and operating results on November 11, 2026. The company also targets first oil from the Wassana platform in the second quarter of 2027.

Stock price before Xetra opens

The euro quote puts Valeura Energy's German-market indication at EUR 10.70 at Lang & Schwarz on October 19, 2026 at 9:41 a.m. CEST. The Canadian listing is on the Toronto Stock Exchange, where the finance data showed a price of CAD 16.85 at the October 16, 2026 close. The company is using current production, cash generation and project execution to support its next growth phase.