VLE, CA9191444020

Valeura reports USD 196.10 million Q3 revenue: CAD 1.8 billion values Valeura Energy stock

Published on 10/20/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales reached 2.013 million barrels, generating USD 196.10 million. Valeura Energy stock costs EUR 10.80 on October 20, 2026.

Q3 operations and reporting date

Valeura sold 2.013 million barrels during the third quarter of 2026.
Production averaged 22.1 thousand barrels per day in the third quarter of 2026, versus 22.3 thousand in the second quarter.
Valeura Energy stock traded at EUR 10.80 at 11:29 a.m. CEST at Lang & Schwarz on October 20, 2026.
Valeura plans to publish full third-quarter results on November 11, 2026.

VLE, CA9191444020, Illustration mit AI erstellt.

Valeura Energy (ISIN CA9191444020) sold 2.013 million barrels of oil and generated USD 196.10 million in revenue during the third quarter of 2026, according to the company's Valeura Energy update dated October 7, 2026. The figures came alongside a Suraphi oil discovery, a Bussabong gas investment decision and progress on the Wassana redevelopment.

Q3 production stayed on plan

Working-interest oil production averaged 22.1 thousand barrels per day in the third quarter, compared with 22.3 thousand barrels per day in the second quarter. The company sold 2.013 million barrels at an average realized price of USD 97.40 per barrel, producing the reported USD 196.10 million revenue.

The balance sheet remained a central part of the update. Cash stood at USD 384.90 million on September 30, 2026, including USD 15.80 million of restricted cash, while Valeura reported no debt. The figures are preliminary and unaudited until the full quarterly release.

What does Wassana add?

Wassana is the main execution test for the next phase. On October 1, 2026, onshore construction of the central processing platform was completed, and the company said installation would start during October. First oil from the platform is planned for the beginning of the second quarter of 2027, while development drilling is planned for late 2026.

The operating backdrop also includes the Suraphi discovery near Manora and the first-phase Bussabong gas development. World Oil reported on October 7, 2026, that Valeura holds a 90 percent operated interest in Block G1/48 for Suraphi and a 40 percent non-operated interest in Block G3/65 for Bussabong.

Three milestones shape the update

On September 21, 2026, Jasmine reached cumulative production of 100 million barrels. On October 1, 2026, Wassana platform construction was completed. On October 7, 2026, Valeura reported third-quarter production of 22.1 thousand barrels per day and revenue of USD 196.10 million.

When are the next results?

Valeura intends to release its full unaudited third-quarter financial and operating results on November 11, 2026, followed by a management webcast, according to the company release. That report will provide the next detailed test of production, cash generation and project spending.

Cash strength meets execution risk

The combination of USD 384.90 million in cash and no debt gives Valeura room to advance its Thailand portfolio, but the investment case now depends on construction, drilling and start-up timing. The company is listed on the Toronto Stock Exchange under VLE, and its market capitalization was CAD 1.8 billion on October 19, 2026.

Valeura Energy was trading at EUR 10.80 at Lang & Schwarz on October 20, 2026, at 11:29 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Valeura Energy stock.