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Condor Energies ( (TSE:CDR) ) has shared an update.
Condor Energies Inc. announced its financial results for the second quarter of 2025 and secured a USD $5.0 million bridge loan for its first LNG facility in Kazakhstan. The company is advancing its operations in Uzbekistan with a multi-well drilling program set to begin in September 2025, aiming to optimize production from under-exploited reservoirs. In Kazakhstan, Condor is on track to start LNG production by the second quarter of 2026, supported by the bridge loan, which demonstrates investor confidence in the project. These developments are expected to enhance Condor’s market positioning and contribute to 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’ overall stock score is primarily driven by promising revenue growth and strategic corporate events that signal potential future gains. However, ongoing profitability issues and bearish technical indicators lower the stock’s attractiveness. Valuation challenges due to a negative P/E ratio further weigh down the score.
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 primarily operating in Central Asia. The company is involved in the production and enhancement of natural gas and condensate, with a focus on increasing production efficiency and developing LNG facilities to support regional energy needs.
Average Trading Volume: 55,662
Technical Sentiment Signal: Hold
Current Market Cap: C$114.7M
Find detailed analytics on CDR stock on TipRanks’ Stock Analysis page.