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Interoil Exploration and Production (IOX) investor relations material
Interoil Exploration and Production Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Total operated production in Q2 2025 was 63,467 boe, down from 100,364 boe in Q2 2024 due to operational disruptions in Argentina and lower oil prices.
Revenue for Q2 2025 declined to $3.9 million from $5.3 million year-over-year, reflecting both lower production and weaker oil prices.
The company is focused on restoring production, optimizing costs, and reviewing strategic alternatives to strengthen liquidity.
Financial highlights
Q2 2025 sales were $3.9 million, down from $5.3 million in Q2 2024; gross profit was negative at -$1.5 million versus $0.3 million a year earlier.
Net loss for Q2 2025 was $3.9 million, compared to a net loss of $3.4 million in Q2 2024.
For the first half of 2025, net loss was $8.8 million, compared to $5.1 million in the first half of 2024.
Cash and cash equivalents (non-collateral) at June 30, 2025, were $0.2 million, down from $1.2 million at year-end 2024.
Outlook and guidance
Strategy centers on restoring production in Argentina and Colombia, optimizing lifting costs, and strict control of discretionary spending.
The company is reviewing strategic alternatives for its asset portfolio and seeking to strengthen liquidity through targeted actions.
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