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Horizon Oil (HZN) investor relations material
Horizon Oil Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved an 18% increase in production and 17% rise in sales volumes quarter-over-quarter, driven by the first full quarter of Thailand asset contributions and strong legacy asset performance.
Paid a final FY25 dividend, bringing five-year cumulative distributions to over A$250 million.
Seamless integration of Thailand assets and strong partner collaboration supported operational and financial results.
Financial highlights
Production revenue rose 2.7% quarter-over-quarter to US$27.4 million, with Thailand assets contributing over US$6 million.
Calendar year production revenues totaled US$102.6 million.
Net operating cash flow for the quarter was US$15.8 million.
Cash reserves stood at US$35.6 million at quarter-end, with net debt at US$9.8 million after dividend payment.
Group cash operating costs remained around US$20/boe, supported by low-cost Thailand production.
Outlook and guidance
Binding LOI signed to supply uncontracted Mereenie gas through 2034, supporting drilling of two new infill wells.
Nam Phong Booster Compressor FID reached, expected to boost field production by at least 40% from mid-2026.
Ongoing feasibility studies for further development at WZ12-8E field in China.
Next Horizon Oil earnings date
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