Condor Energies Reports Q1 Growth and Expands Operations in Central Asia

Condor Energies ( (TSE:CDR) ) has shared an update.

Condor Energies reported a 6% increase in production and sales from its Uzbekistan operations for the first quarter of 2025. The company also announced the purchase of its first modular LNG facility in Kazakhstan, with production expected to start in the second quarter of 2026. Additionally, Condor secured a third natural gas allocation in Kazakhstan and was awarded a second critical minerals mining license. These developments are expected to enhance Condor’s market positioning and support sustainable cash flow growth.

The most recent analyst rating on (TSE:CDR) stock is a Buy with a C$3.62 price target. To see the full list of analyst forecasts on Condor Energies stock, see the TSE:CDR Stock Forecast page.

Spark’s Take on TSE:CDR Stock

According to Spark, TipRanks’ AI Analyst, TSE:CDR is a Neutral.

Condor Energies’ score reflects a balance between promising operational improvements and revenue growth against the backdrop of ongoing financial challenges and lack of profitability. While recent corporate events indicate strategic growth, high financial leverage and negative cash flows remain critical concerns. The stock’s technical indicators suggest a neutral to slightly bearish trend, and valuation metrics highlight the risks associated with current non-profitability. Investors should monitor the company’s ability to achieve sustainable profitability and cash flow improvements.

To see Spark’s full report on TSE:CDR stock, click here.

More about Condor Energies

Condor Energies Inc. is a Canadian-based, internationally focused energy transition company concentrating on Central Asia. The company is involved in producing natural gas and condensate in Uzbekistan and developing modular LNG facilities and critical minerals mining in Kazakhstan.

Average Trading Volume: 29,742

Technical Sentiment Signal: Sell

Current Market Cap: C$109.3M

For detailed information about CDR stock, go to TipRanks’ Stock Analysis page.