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NG Energy posts record 2025 gas sales, trims debt and advances Colombian growth plans

Story Highlights
  • NG Energy posted record 2025 gas sales and production, boosted by dual-field output from Sinú-9 and Maria Conchita despite earlier operational issues.
  • The company cut Macquarie debt by a third, secured US$150 million from a Sinú-9 interest sale, advanced a seven-well 2026 program and applied to uplist to the TSX.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from NG Energy International ( (TSE:GASX) ).

NG Energy International reported record 2025 natural gas and NGL sales of US$44.6 million, driven by dual-field production after the Sinú-9 block began commercial output in late March. Combined gross average daily production reached a record ~20,934 Mcf/d in the fourth quarter as Sinú-9 averaged 12,377.2 Mcf/d and Maria Conchita 6,783.0 Mcf/d, despite earlier mechanical issues at the Aruchara-3 well that were resolved by year-end.

Realized 2025 gas prices were robust at US$8.38/Mcf at Maria Conchita under long-term offtake contracts and US$6.87/Mcf at Sinú-9 under interruptible contracts designed to improve with higher volumes. Operating netback was US$2.07/Mcf, temporarily weighed down by one-time dew-point handling, elevated servicing and royalty adjustments, while per-unit operating costs at Sinú-9 fell sharply to US$1.15/Mcf in Q4 as ramp-up costs normalized.

The company generated US$3.5 million in operating cash flow for 2025, including a record US$7.9 million in the third quarter, and reduced its Macquarie debt principal by 34% to US$23.0 million via scheduled repayments, lowering its effective interest cost. Subsequent to year-end, NG Energy closed a US$150 million cash transaction with Maurel & Prom for a 40% operating working interest in Sinú-9, advanced a seven-well 2026 drilling program with Hechicero-1X and the planned Aruchara-5 well, received CAD$6.3 million from option and warrant exercises, and submitted an application to uplist to the Toronto Stock Exchange, collectively strengthening its balance sheet and growth trajectory.

The most recent analyst rating on (TSE:GASX) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on NG Energy International stock, see the TSE:GASX Stock Forecast page.

Spark’s Take on GASX Stock

According to Spark, TipRanks’ AI Analyst, GASX is a Underperform.

NG Energy International’s overall stock score is primarily impacted by its financial instability and weak technical indicators. The negative valuation metrics further contribute to a low score, reflecting significant risks for investors.

To see Spark’s full report on GASX stock, click here.

More about NG Energy International

NG Energy International Corp. is a natural gas producer focused on Colombian assets, primarily the Maria Conchita and Sinú-9 blocks. The company sells natural gas and natural gas liquids under a mix of long-term take-or-pay offtake agreements and interruptible marketing contracts, targeting premium pricing in the Colombian gas market while expanding production across multiple fields.

Average Trading Volume: 445,231

Technical Sentiment Signal: Buy

Current Market Cap: C$402.2M

See more data about GASX stock on TipRanks’ Stock Analysis page.

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