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Logan Energy Corp ( (TSE:LGN) ) has issued an announcement.
Logan Energy Corp announced record production and cash flow for the second quarter of 2025, with a 20% increase in production from the first quarter and a 65% increase from the same period in 2024. The company achieved this growth through successful execution of its organic development program, including the completion of new wells and facilities. Logan reported significant improvements in operating netback and adjusted funds flow, with a notable increase in net income and comprehensive income. The company’s net debt stood at $107.9 million, with expectations for moderation in the second half of the year as capital expenditures were front-loaded.
The most recent analyst rating on (TSE:LGN) stock is a Buy with a C$1.85 price target. To see the full list of analyst forecasts on Logan Energy Corp stock, see the TSE:LGN Stock Forecast page.
Spark’s Take on TSE:LGN Stock
According to Spark, TipRanks’ AI Analyst, TSE:LGN is a Outperform.
Logan Energy Corp’s strong market position and operational improvements, particularly with the Pouce Coupe Facility and increased production, are major positive factors. However, high capital expenditures and a lofty P/E ratio present risks. Bullish technical indicators support the positive outlook, but caution is advised due to potential overvaluation.
To see Spark’s full report on TSE:LGN stock, click here.
More about Logan Energy Corp
Logan Energy Corp is a company in the energy sector, focusing on oil and gas production. It is involved in organic development programs and operates facilities like gas plants and compression facilities.
Average Trading Volume: 418,846
Technical Sentiment Signal: Hold
Current Market Cap: C$433.4M
Learn more about LGN stock on TipRanks’ Stock Analysis page.