Decimus Oil Announces Third Quarter 2025 Financial & Operating Results

Executive Summary
- Decimus Oil Corp. reported Q3 2025 production of 175 boe/d (46% oil & NGLs), a 133 % YoY increase versus 75 boe/d in Q3 2024.
- Revenue fell 10 % YoY to $621,769, driven by a 72 % drop in realized natural‑gas price ($0.60/mcf vs $2.15/mcf).
- Operating cash flow declined 9 % YoY to $42,006, while adjusted funds flow showed a larger deficit of $(133,936) versus $(86,118) a year earlier.
Key Details
- Production
- Q3 2025 average total production: 175 boe/d (79 bbls oil/d, 2 bbls NGL/d, 570 mcf gas/d).
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YoY increase of 133 % from 75 boe/d in Q3 2024; stable versus Q2 2025 (176 boe/d).
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Revenue & Sales
- Total oil, natural‑gas and processing revenue: $621,769 (‑10 % YoY).
- Oil sales price: $76.50/bbl (‑21 % YoY).
- NGL price: $22.83/bbl (‑54 % YoY).
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Natural‑gas price: $0.60/mcf (‑72 % YoY).
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Operating Costs & Netback
- Operating cost per boe: $28.45 (‑58 % YoY vs $67.16/boe in Q3 2024; ‑17 % vs Q2 2025).
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Operating netback after derivatives: $3.72/boe (‑74 % YoY).
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Cash Flow & Funds Flow
- Cash flow from operating activities: $42,006 (‑9 % YoY; ‑20 % vs Q2 2025).
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Adjusted funds flow deficit: $(133,936) (‑56 % YoY; ↑33 % vs Q2 2025).
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Capital Expenditures
- Q3 2025 capex: $6,254 (‑97 % YoY from $229,955 in Q3 2024).
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Nine‑month capex to Sep 30 2025: $48,010 (‑91 % YoY).
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Working Capital & Debt
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Working capital debt: $1,188,922 (‑98 % YoY).
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Net Income / Loss
- Net loss Q3 2025: $(377,973) vs $(244,907) in Q3 2024 (‑54 %).
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Basic & diluted loss per share: $(0.01).
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Share Statistics
- Weighted‑average basic and diluted shares outstanding increased ~12 % YoY to 44,614,100.
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High/Low daily trading price range: $0.11/$0.09 (‑15 % high vs prior year; +29 % low).
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Operational Highlights
- Low‑decline asset base enabled production growth with minimal maintenance capital.
- No drilling commitments or land‑expiry concerns; >50 % of capital program operated, supporting cost control.
Notable Quotes
“Despite the volatility in commodity prices, we remain committed to our growth strategy increasing our base production to 175 boe/d… The low decline profile of our asset base requires minimal maintenance capital.” – Cameron MacDonald, President & CEO
Materiality Assessment: Material – Neutral (quarterly financial and operational results are material information for investors).