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TAG Oil (TAO) investor relations material
TAG Oil Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported interim financial results for the period ending March 31, 2026, highlighting operational progress and financial position.
Focused on disciplined execution of field development and evaluating growth opportunities in Egypt.
Financial highlights
Cash balance increased to C$11.5 million as of March 31, 2026, up from C$2.5 million on December 31, 2025.
Working capital rose to C$11.3 million from C$1.9 million sequentially.
Completed C$11.5 million equity financing in February 2026.
No debt reported as of March 31, 2026.
Outlook and guidance
Secured a drilling rig to drill a 4,250 meter well at BED-1 in Q3-2026.
Remains focused on field development and pursuing opportunities to enhance long-term shareholder value.
- Oil sales rose, net loss narrowed, and new financing boosts development in Egypt.TAO
Q4 202520 May 2026 - Cash declined, oil output steady, and strategic expansion in Egypt and MENA underway.TAO
Q2 202413 Apr 2026 - Q3 2024 cash fell to C$4.4M; public offering set for early December amid ongoing exploration risks.TAO
Q3 202413 Apr 2026 - Q1 2025 featured stable finances, BED-1 output, and progress on Egyptian asset acquisition.TAO
Q1 202513 Apr 2026 - Production and cash reserves rose, supporting expansion and strategic acquisition efforts.TAO
Q4 202413 Apr 2026 - Cash increased, BED-1 output steady, and strategic asset bid in Egypt underway.TAO
Q2 202513 Apr 2026 - Q3 2025 featured stable oil output, lower cash, no debt, and a CFO transition.TAO
Q3 202513 Apr 2026 - Significant unconventional ARF oil resource potential and growth plans in Egypt's Western Desert.TAO
Corporate presentation1 Apr 2026
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