on Southern Energy Corp. (CVE:SOU)
Southern Energy Corp. Reports Q3 2025 Financial Results
Southern Energy Corp. announced a 25% increase in petroleum and natural gas sales, amounting to $4.3 million, for the third quarter of 2025. This growth is attributed to a 50% increase in natural gas pricing compared to Q3 2024. Despite the rise in sales, average production decreased by 11% from the same period last year.
The company saw an average realized natural gas price of $3.59/Mcf, a 17% premium over the NYMEX HH benchmark. Adjusted Funds Flow from Operations stood at $1.0 million, with net earnings at $0.5 million, marking a shift from a loss of $2.1 million in Q3 2024. The completion of an oil well in Magee Field also boosted performance.
Southern Energy underscores their strategic positioning and execution, maintaining a strong financial outlook with ongoing projects and hedging measures. The company remains focused on leveraging operational successes for sustainable growth.
R. P.
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