Jadestone Energy ("JSE") reported FY’25 results, generating US$279mm in adjusted EBITDA (+20% y/y) and US$132mm in CFFO (pre w/c and interest). Solid cash flow continued post period end, with net debt falling from US$89mm at YE’25 to US$5mm at end Apr’26, and pro forma liquidity of ~US$220mm following a US$200mm Nordic bond. JSE now sits with cash close to half its current market cap, providing ample cover for its 2026 investment programme (CWLH drydock, PM323 drilling, Montara compressor upgrad ....
