Cavvy Energy Ltd

Cavvy Energy Ltd

2.55
CAD
-0.10
(-3.77%)
0.03EPS
55.75P/E
466.72MMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
4.15
0.03
- -
- -
0.04
1.02
1.52
2.02
2.96
2.37
1.16
0.79
1
Basic EPS, GAAP
- -
2.57
-0.21
-0.81
-0.21
-0.61
-0.65
-0.57
-0.23
0.84
0.06
-0.2
-0.02
0.03
Free Cash Flow per Basic Share
- -
-0.53
-0.2
-0.48
-0.25
-0.17
-0.5
-0.09
0.09
0.28
0.31
-0.1
0.05
0.36
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
9.78
8.71
-1.78
1.06
1.11
0.6
0.03
-0.19
0.65
0.99
0.58
0.48
0.55
Tangible Book Value per Share
- -
9.78
8.71
-1.78
1.06
1.11
0.6
0.03
-0.19
0.65
0.99
0.58
0.48
0.55
Basic Weighted Avg Shares
6
7
8
17
41
57
109
175
175
175
159
192
290
295
Sales/Revenue/Turnover
- -
28
- -
- -
- -
2
112
267
353
519
378
223
228
296
Operating Margin (%)
- -
87.46
-903.39
- -
-6,657.78
-762.2
-29.11
-18.39
1.28
22.86
9.67
-40.58
-19.86
3.37
Depreciation Expense
- -
- -
- -
- -
- -
1
22
44
48
56
62
60
41
33
Net Income, GAAP
- -
18
-2
-14
-9
-35
-72
-101
-40
147
9
-39
-5
8
Effective Tax Rate (%)
- -
28.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
309.24
62.84
Profit Margin (%)
- -
61.97
-796.04
- -
-9,805.56
-1,445.09
-64.05
-37.71
-11.23
28.24
2.38
-17.46
-2.13
2.71
Working Capital
- -
2
3
-24
11
-76
19
-20
-88
-217
-21
-3
-23
-62
LT Debt
- -
- -
- -
- -
- -
- -
206
221
211
2
143
161
144
47
Total Equity
- -
70
74
-17
59
92
104
4
-33
115
174
168
139
170
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
29.86
1.31
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-15.05
5.15
Return on Common Equity (%)
- -
- -
-2.15
- -
- -
-46.07
-72.89
-184.36
- -
- -
6.2
-22.67
-3.17
4.86

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
76
39
LT Borrowings
141
43
44
LT Finance Leases
3
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
291
309
309
Market Capitalization
265
411
467

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
87
84
110
Cash, Cash Equivalents & STI
6
10
40
Accounts Receivable, Net
46
41
37
Inventories
4
4
4
Total Current Liabilities
110
173
172
Payables & Accruals
78
83
83
ST Debt
12
76
39
Deferred Revenue
- -
14
48

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-187.1%
-254.45%
-17.74%
Free Cash Flow
55.36%
-63.26%
-170.53%
Net Income, GAAP
-3.88%
-248.91%
-87.48%
Sales/Revenue/Turnover
- -
2.7%
2.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
53
40
48
223
2025
60
60
47
62
228
2026
87
100
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.12
0.04
-0.08
-0.2
2025
0.01
0.01
-0.03
-0.01
-0.02
2026
0.01
0.05
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Darcy Reding
Full Time Employees
257
Sector
Energy minerals
Industry
Oil & gas production
Address
1100, 411 - 1st Street SE Calgary AB Canada T2G 4Y5
IPO Date
Oct 25, 2007
Business
Cavvy Energy Ltd. is an integrated energy company focused on the exploration, development, production, and processing of natural gas, natural gas liquids (NGLs), condensate, and associated byproducts in Western Canada and Eastern Canada, with operations anchored in the Montney formation and related midstream infrastructure. The company, founded in 2025 as the successor to Pieridae Energy Limited, is headquartered in Calgary, Alberta, and maintains a broader Canadian footprint across key gas-producing regions. Main products and services: upstream production of natural gas, crude oil, natural gas liquids (NGLs), and condensate; midstream processing and gas gathering networks, including associated NGL recovery capabilities; gas processing at the Caroline Gas Plant with extensive infrastructure reach and deep-cut NGL recovery; ancillary services supporting field operations, gas compression, and pipeline integration; sulphur production as a byproduct of gas processing where applicable; value-added processing and sales of third-party gas volumes through the company’s gathering and processing systems; technical, geological, and environmental services supporting asset optimization and compliance. Latest major company changes: rebrand and corporate restructuring to Cavvy Energy Ltd. from Pieridae Energy Limited in 2025, signaling a refreshed strategic focus on western Canadian upstream and midstream assets; debt refinancing initiatives in 2023 that optimize capital structure and improve financing flexibility; strategic pivot toward enhanced gas plant reliability, utilization, and cost structure optimization; divestiture of non-core assets such as Goldboro LNG interests, with continued emphasis on de-leveraging and growth in third-party processing volumes; capital raises from shareholders to support optimization and expansion efforts, including funding toward infrastructure scale-up and asset optimization. Additional context: Cavvy Energy operates as a pure-play Canadian energy company with both upstream production and midstream processing capabilities. Target customers include commodity marketers, pipeline operators, refiners, and regional energy markets that require reliable gas, NGLs, and related processing services. Geographic operations cover Western and Eastern Canada, with core activity in the foothills of the Rocky Mountains and associated processing facilities. The company maintains subsidiary and corporate relationships within the broader Canadian energy sector and reports through publicly available investor materials and disclosures.

Company News

  • Cavvy Energy Ltd. (CVVY:CA) Q2 2026 Earnings Call Transcript

  • Cavvy Energy Releases Q2 2026 Financial and Operating Results, Provides Operational Update, and Increases 2026 Guidance

  • Cavvy Energy To Hold Conference Call And Webcast To Discuss Second Quarter 2026 Results

  • Cavvy Energy Ltd. (CVVY:CA) Shareholder/Analyst Call Transcript

  • Cavvy Energy Announces Voting Results from Annual Meeting of Shareholders

  • Cavvy Energy Releases Q1 2026 Financial and Operating Results

  • Cavvy Energy Announces Exercise of Warrants

  • Cavvy Energy Ltd. (CVVY:CA) Q4 2025 Earnings Call Transcript

  • Cavvy Energy Releases 2025 Q4 and Full Year Financial and Operating Results, 2025 Reserves, and Repays US$27 Million Debt in Q1 2026

  • Cavvy Announces Warrant Exercise

  • Cavvy Conference Call and Webcast to Discuss Fourth Quarter and Year-End 2025 Results

  • Toronto Stock Exchange, Cavvy Energy Ltd., The View from the C-Suite

  • Cavvy Energy Ltd. (CVVY:CA) Q3 2025 Earnings Call Transcript

  • Cavvy Releases Q3 2025 Financial and Operating Results, Executes Forward Price Agreement for 2026 Sulphur Sales, and Increases 2025 Guidance

  • Cavvy to Hold Conference Call and Webcast to Discuss Third Quarter 2025 Results and Announces Participation at Schachter Catch the Energy Conference

  • CAVVY ENERGY LTD. (PTOAF) Q2 2025 Earnings Call Transcript

  • Cavvy to Hold Conference Call and Webcast to Discuss Second Quarter 2025 Results

  • Pieridae Announces Voting Results From Annual and Special Meeting of Shareholders and Approval of Name Change to Cavvy Energy Ltd.

  • Pieridae Releases Q1 2025 Financial and Operating Results

  • Pieridae to Hold Conference Call and Webcast for Its Annual and Special Meeting of Shareholders and to Discuss First Quarter 2025 Results