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Stonehorse Energy Boosted by Strong Drumheller Oil Well in Steady December Quarter

Story Highlights
  • Stonehorse Energy posted stable December quarter operations, generating A$460,000 revenue and holding A$4.86 million cash.
  • A better-than-expected new Drumheller oil well drove Canadian output and opened further growth opportunities in Alberta.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stonehorse Energy Boosted by Strong Drumheller Oil Well in Steady December Quarter

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Stonehorse Energy Ltd ( (AU:SHE) ) just unveiled an update.

Stonehorse Energy reported a steady December 2025 quarter, with group operations across Canada, the US and Australia running without major disruption and generating A$460,000 in revenue from its Canadian and US producing wells, supported by cash and cash equivalents of about A$4.86 million. The company’s Canadian assets delivered around 24,500 BOE for the quarter, highlighted by a new Drumheller oil well in Alberta that came online in early November, exceeded production forecasts at an average 130 BOE per day and 76% oil, and is expected to underpin further follow-up opportunities in southern Alberta, while the Caroline well maintained stable output and costs were contained through lower personnel and corporate overheads despite an unplanned clean-out at the Wapiti well.

The most recent analyst rating on (AU:SHE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Stonehorse Energy Ltd stock, see the AU:SHE Stock Forecast page.

More about Stonehorse Energy Ltd

Stonehorse Energy Limited is an ASX-listed oil and gas producer with operations primarily in Canada and the United States, focused on oil-weighted production opportunities in the Western Canadian Sedimentary Basin. The company participates mainly as a non-operator in producing wells and development projects, seeking partnerships with competent operators to build a portfolio of mature, cash-generating assets while maintaining a lean corporate structure in Australia to support its North American strategy.

Technical Sentiment Signal: Sell

Current Market Cap: A$4.11M

For a thorough assessment of SHE stock, go to TipRanks’ Stock Analysis page.

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