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Earnings

Alvopetro Announces Year End 2025 Financial Results, Q1 2026 Dividend of US$0.12/share, and Filing of our AIF

By The Northwire Desk — AI Analysis Mar 17, 2026 · 18:24 ALV · 8.31 Alvopetro Energy Ltd.
ALV · Price

Executive Summary

  • Alvopetro Energy Ltd. reported FY 2025 results with net income of $23.1 M (up 42% YoY) and funds flow from operations of $40.6 M, reflecting strong production growth and reserve additions.
  • The Board declared a quarterly cash dividend of US $0.12 per common share payable on April 15 2026.
  • Reserves increased markedly: 1P reserves rose 79% to 8.1 MMboe (production replacement ratio 485%) and 2P reserves grew 43% to 13.1 MMboe (replacement ratio 530%).

Key Details

  • Financial Highlights – FY 2025
  • Net income: $23.1 M vs. $16.3 M in 2024 (+42%).
  • Funds flow from operations: $40.6 M ($1.09 per basic share) vs. $33.3 M (+22%).
  • Capital expenditures: $33.5 M (including $4.9 M for Murucututu and Saskatchewan projects).

  • Working capital surplus: $18.5 M; net of debt: $2.5 M.

  • Quarterly Highlights – Q4 2025

  • Average daily sales: 2,867 boepd (+65% YoY).
  • Revenue: $15.8 M (+54%).
  • Operating netback: $49.70/boe (down $5.39 vs. Q4 2024).

  • Funds flow from operations: $10.6 M ($0.28 per share).

  • Production & Sales

  • Average daily sales FY 2025: 2,523 boepd (+41%).
  • Brazil contribution: 2,417 boepd (+35% YoY).

  • Canada contribution: 106 bopd (newly added).

  • Reserve Update (GLJ Report dated Feb 25 2026)

  • 1P reserves: 8.1 MMboe (+79%). NPV10 $245.6 M (+38%).
  • 2P reserves: 13.1 MMboe (+43%). NPV10 $393.6 M (+20%).
  • 2P reserve life index: 12.5 years.

  • 2P F&D cost: $15.42/boe; recycle ratio: 3.4×.

  • Operational Update

  • Murucututu field capacity target: increase from ~150 e³m³/d to 600 e³m³/d.
  • Recompletion of well 183‑1 underway; new Caruaçu well drilling slated for next month.
  • Canada: two wells drilled in 2026 (1.0 net); total production wells now 7 (3.5 net).

  • Land base expanded to 80.5 gross sections (25,760 net acres) targeting Mannville heavy‑oil play.

  • Financing

  • Entered a $20 M loan (2‑year term, 7% interest, quarterly payments starting 30 Nov 2026).

  • Dividend

  • Quarterly dividend: US $0.12 per common share, payable 15 Apr 2026 to shareholders of record 31 Mar 2026.

  • Annual Information Form (AIF)

  • Filed on SEDAR+; contains detailed reserve and resource disclosures under NI 51‑101.

Notable Quotes

“2025 was a transformational year for Alvopetro… we increased average daily sales by 41% … and grew 2P reserves by 43% to 13.1 MMboe, replacing production over 5 times.” – Corey C. Ruttan, President & CEO

Read the original news release →

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