Valeura Energy posted Q2 revenue of $259.8 million, driven by oil price realizations averaging $105.8 per barrel.
Valeura Energy Inc. reported Q2 revenue of $259.8 million, up from stronger oil price realizations averaging $105.8 per barrel. The company sold 2.454 million barrels of oil during the quarter, while production reached 2.030 million barrels.
Adjusted EBITDAX for the quarter stood at $162.8 million. Oil production averaged 22,309 barrels per day, reflecting operational performance amid market conditions.
The results highlight the impact of elevated oil prices on the company’s financials, though production volumes remained below sales due to inventory adjustments.