Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Earnings

Decimus Oil Announces Third Quarter 2025 Financial & Operating Results

WCSB · Price

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).
  • YoY increase of 133 % from 75 boe/d in Q3 2024; stable versus Q2 2025 (176 boe/d).

  • 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).
  • Natural‑gas price: $0.60/mcf (‑72 % YoY).

  • Operating Costs & Netback

  • Operating cost per boe: $28.45 (‑58 % YoY vs $67.16/boe in Q3 2024; ‑17 % vs Q2 2025).
  • Operating netback after derivatives: $3.72/boe (‑74 % YoY).

  • Cash Flow & Funds Flow

  • Cash flow from operating activities: $42,006 (‑9 % YoY; ‑20 % vs Q2 2025).
  • Adjusted funds flow deficit: $(133,936) (‑56 % YoY; ↑33 % vs Q2 2025).

  • Capital Expenditures

  • Q3 2025 capex: $6,254 (‑97 % YoY from $229,955 in Q3 2024).
  • Nine‑month capex to Sep 30 2025: $48,010 (‑91 % YoY).

  • Working Capital & Debt

  • Working capital debt: $1,188,922 (‑98 % YoY).

  • Net Income / Loss

  • Net loss Q3 2025: $(377,973) vs $(244,907) in Q3 2024 (‑54 %).
  • Basic & diluted loss per share: $(0.01).

  • Share Statistics

  • Weighted‑average basic and diluted shares outstanding increased ~12 % YoY to 44,614,100.
  • High/Low daily trading price range: $0.11/$0.09 (‑15 % high vs prior year; +29 % low).

  • 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).

Read the original news release →

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