The energy firm reported $8.9 million in revenue from Longanesi field production ramp-up during the quarter.
AleAnna reported Q1 2026 net income of $3.4 million and Adjusted EBITDA of $4.3 million. The results follow production stabilization at the Longanesi field, which contributed $8.9 million in revenue from sales of its share of output.
The company had ramped up production at Longanesi throughout 2025, leading to the revenue recognition in the first quarter of 2026. No prior quarterly figures were provided for direct comparison.
The release did not specify immediate market reactions to the earnings report.