Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
38.21M | 12.04M | 1.77M | 0.00 | 0.00 | Gross Profit |
22.33M | 4.54M | 430.47K | -6.77K | -17.25K | EBIT |
-1.13M | -7.32M | -5.92M | -5.30M | -3.86M | EBITDA |
-31.30M | -423.42K | -4.90M | -5.28M | -3.84M | Net Income Common Stockholders |
-53.70M | -16.68M | -9.97M | -7.32M | -24.23M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
8.19M | 1.29M | 6.96M | 5.85M | 1.21M | Total Assets |
113.47M | 106.86M | 83.15M | 23.15M | 14.47M | Total Debt |
40.63M | 82.18M | 55.43M | 2.99M | 4.01M | Net Debt |
32.45M | 80.89M | 48.47M | -2.86M | 2.80M | Total Liabilities |
68.65M | 96.77M | 67.64M | 6.41M | 7.81M | Stockholders Equity |
44.82M | 10.09M | 15.51M | 16.73M | 6.66M |
Cash Flow | Free Cash Flow | |||
-287.33K | -22.47M | -34.23M | -10.73M | -7.08M | Operating Cash Flow |
18.47M | -3.55M | -3.59M | -5.24M | -2.57M | Investing Cash Flow |
-23.60M | -23.79M | -28.31M | -5.93M | -4.04M | Financing Cash Flow |
12.58M | 21.39M | 33.56M | 15.92M | 6.36M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | C$217.18M | 8.97 | 20.38% | 8.67% | -10.32% | -12.38% | |
61 Neutral | C$260.40M | 28.38 | 1.69% | 11.07% | -14.73% | -71.36% | |
57 Neutral | $7.22B | 3.11 | -4.49% | 5.63% | 0.82% | -49.15% | |
56 Neutral | C$237.26M | ― | -80.24% | ― | 73.53% | 48.09% | |
$149.40M | ― | -29.28% | 10.34% | ― | ― | ||
36 Underperform | C$199.45M | ― | -46.55% | ― | ― | -104.32% | |
$86.49M | ― | -34.33% | ― | ― | ― |
NG Energy International Corp. has reported its Q1 2025 financial results, highlighting a transformative period marked by the sale of a 40% working interest in the Sinu-9 field for $150 million, which has strengthened its balance sheet. The company has resumed production at Sinu-9 and is advancing infrastructure projects to increase capacity, despite facing operational challenges at Maria Conchita. The strategic partnership with Maurel & Prom and ongoing infrastructure enhancements position NG Energy for robust growth in the latter half of 2025, aiming to capitalize on Colombia’s tight natural gas market.
The most recent analyst rating on (TSE:GASX) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on NG Energy International stock, see the TSE:GASX Stock Forecast page.
NG Energy International Corp. has announced the filing of its annual audited consolidated financial statements for the fiscal year ending December 31, 2024. The company reported a record annual revenue of US$38.2 million, a 218% increase from the previous year, and significant growth in its reserves and production capacity. The sale of a 40% working interest in the Sinu-9 Block for US$150 million has strengthened its operational capabilities and improved its balance sheet. Despite some production challenges at Maria Conchita, the company is on track to increase its production capacity significantly by Q3 2025.
NG Energy International Corp. announced successful production from its Magico-1X and Brujo-1X wells at the Sinu-9 site, achieving steady production volumes exceeding 10 MMcf/d. The company plans to increase production capacity to over 40 MMcf/d by early Q3 2025 with new equipment installations, positioning itself as a key player in Colombia’s natural gas market.
NG Energy International Corp. has announced a significant increase in its year-end reserves and resources for 2024, with notable growth in its 1P, 2P, and 3P reserves. This development is attributed to infrastructure advancements and favorable long-term natural gas price forecasts in Colombia. The company plans to enhance drilling activities in 2025, aiming to capitalize on the structural supply shortage and high natural gas prices in the region.
NG Energy International Corp. has announced significant operational advancements at its Sinu-9 Block and Maria Conchita projects. At Sinu-9, the company has commissioned a mobile plant and is expanding its processing capacity, while at Maria Conchita, it is addressing production challenges and planning to increase capacity. Additionally, the company has received an initial payment of $20 million from Etablissements Maurel & Prom S.A. for a 40% interest in Sinu-9, with the remaining payment contingent on certain conditions. These developments are set against a backdrop of rising natural gas prices in Colombia, driven by increased import dependency.