Q1 EBITDA of USD 10.9m | Ahead of ARCe, but big miss vs. cons., likely due to lagging estimatesNet loss of USD 43.3m dominated by USD 22.9m unrealised hedge lossQ1 NIBD USD 95m (vs. ARCe USD 88m)Production 8.4 kbopd IFRS / 14.9 kbopd pro forma. Q1 realised price USD 68.41/bbl (pre-Hormuz escalation)Q2 pricing confirmed: 546k pro forma barrels already sold post-period at USD ~114/bbl. Favourable setup, with ~80% of FY liftings weighted towards H2 and 80% of Q2–Q4 production unhedgedFull-year 2026 ....
21 May 2026
Arctic FLASH: Panoro Energy - Low-lift quarter in the mirror - elevated price exposure ahead
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Arctic FLASH: Panoro Energy - Low-lift quarter in the mirror - elevated price exposure ahead
- Published:
21 May 2026 -
Author:
Daniel Stenslet -
Pages:
12 -
Q1 EBITDA of USD 10.9m | Ahead of ARCe, but big miss vs. cons., likely due to lagging estimatesNet loss of USD 43.3m dominated by USD 22.9m unrealised hedge lossQ1 NIBD USD 95m (vs. ARCe USD 88m)Production 8.4 kbopd IFRS / 14.9 kbopd pro forma. Q1 realised price USD 68.41/bbl (pre-Hormuz escalation)Q2 pricing confirmed: 546k pro forma barrels already sold post-period at USD ~114/bbl. Favourable setup, with ~80% of FY liftings weighted towards H2 and 80% of Q2–Q4 production unhedgedFull-year 2026 ....