VLE, CA9191444020

Valeura Energy stock trades at CAD 15.14 as gas plans advance

Published on 10/06/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Valeura Energy stock traded at CAD 15.14 on October 6, 2026, while Q2 revenue reached USD 259.8 million. Bussabong adds a gas growth project for 2028.

VLE, CA9191444020, Illustration mit AI erstellt.

Valeura Energy stock was trading at CAD 15.14 on the Toronto Stock Exchange at 11:10 a.m. ET on October 6, 2026, down 0.85 percent from the previous close. The price stood 3.8 percent below its 52-week high of CAD 15.74, keeping the stock close to the top of its recent trading range while the company advances projects in Thailand.

Q2 delivered record revenue

According to Valeura Energy in its July 9, 2026 Q2 operations update, working-interest production averaged 22.3 thousand barrels per day and oil sales reached 2.454 million barrels.

The same Q2 2026 update reported record revenue of USD 259.8 million and average realized prices of USD 105.8 per barrel. Cash stood at USD 316.5 million on June 30, 2026, including USD 15.8 million of restricted cash, while the company reported no debt.

Thailand gas plan adds duration

Yahoo Finance reported on September 22, 2026, that Valeura and PTTEP approved Phase 1 of the Bussabong gas development in the Gulf of Thailand. Valeura holds a 40 percent non-operated working interest in the project.

Phase 1 is planned to require USD 35 million for facilities, installation and pipelines, plus USD 20-25 million for drilling, according to the company release carried by Yahoo Finance. First gas is targeted for the end of 2028, so the project adds a longer-dated growth option rather than near-term production.

Consensus target stays above price

MarketBeat lists a Buy consensus based on 3 analyst ratings as of October 6, 2026. Its average, high and low price targets are each CAD 19.50, placing the average target 28.8 percent above the CAD 15.14 TSX price.

That valuation gap leaves execution as the key counterweight. Bussabong targets first gas in 2028, while Valeura's Q2 cash generation and Thailand drilling portfolio provide the nearer operating backdrop.

Valeura Energy stock trades at CAD 15.14

Valeura Energy stock was last at CAD 15.14 on the TSX on October 6, 2026 at 11:10 a.m. ET, with a market capitalization of CAD 1.6 billion and volume of 136,728 shares.