Breakdown | ||
Dec 2024 | Dec 2023 | Dec 2022 |
---|---|---|
Income Statement | Total Revenue | |
113.87M | 72.72M | 127.86M | Gross Profit |
62.70M | -5.65M | 88.50M | EBIT |
4.14M | -33.18M | 39.08M | EBITDA |
50.91M | -4.07M | 61.42M | Net Income Common Stockholders |
4.55M | -33.80M | 39.40M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |
324.00K | 53.97M | -251.00K | Total Assets |
365.45M | 234.64M | 131.90M | Total Debt |
1.30M | 150.00K | 251.00K | Net Debt |
979.00K | -53.82M | 502.00K | Total Liabilities |
90.09M | 60.52M | 36.11M | Stockholders Equity |
275.36M | 174.12M | 95.80M |
Cash Flow | Free Cash Flow | |
-161.41M | -61.85M | 59.47M | Operating Cash Flow |
50.43M | 23.95M | 67.11M | Investing Cash Flow |
-196.20M | -68.23M | -22.11M | Financing Cash Flow |
92.10M | 98.25M | -45.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | C$391.88M | 2.50 | 22.02% | ― | 37.66% | 782.26% | |
72 Outperform | $479.23M | 27.77 | 0.67% | 3.89% | -0.37% | -92.83% | |
67 Neutral | C$505.24M | 187.11 | -13.52% | ― | -3.50% | -153.25% | |
64 Neutral | C$369.87M | 47.76 | 2.74% | ― | 42.32% | ― | |
57 Neutral | $7.22B | 3.15 | -4.49% | 5.63% | 0.82% | -49.15% | |
55 Neutral | C$446.36M | ― | -6.69% | ― | 41.39% | -61.36% | |
50 Neutral | C$499.02M | 5.64 | -12.88% | ― | 11.92% | -304.98% |
Logan Energy Corp has completed the construction and commissioning of its Pouce Coupe Facility, which includes a gas plant, compressor station, and oil battery, along with associated pipelines. The company also finalized the sale of a 35% non-operated working interest in the facility to Topaz Energy Corp for $26 million, using the proceeds to reduce bank debt. This commissioning marks a significant milestone for Logan, enabling a substantial increase in production from its Pouce Coupe property, with expectations to more than double output by the second half of 2025, thus strengthening its position in the industry.
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.
Logan Energy Corp announced its first quarter 2025 results, highlighting a 42% increase in production compared to the previous year and a 62% rise in adjusted funds flow. The company has increased its credit capacity to $150 million and reported strong initial well performance, particularly with the completion of its first Duvernay oil well. Logan also advanced the construction of the Pouce 4-19 Facility, which is expected to enhance its operational capabilities. These developments are likely to strengthen Logan’s market position and provide potential benefits to stakeholders through improved financial metrics and expanded operational capacity.
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.
Logan Energy Corp reported significant growth in its 2024 financial results, with a 51% increase in production and an 80% rise in adjusted funds flow compared to the previous year. The company successfully executed its growth strategy, doubling crude oil production and increasing its liquids weighting, despite lower natural gas prices. Logan’s strategic investments in infrastructure, including a new gas plant and expansions in key areas, are expected to support continued growth and operational efficiency in 2025.