Logan Energy Corp.

Equities

LGN

CA5408991019

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:59:48 2024-05-08 pm EDT			5-day change	1st Jan Change
0.87 ^CAD	-1.14%		0.00%	+8.75%

Apr. 22	Logan Energy Corp.(TSXV:LGN) added to S&P/TSX Venture Composite Index	CI
Mar. 19	Logan Energy Up 6.5% As Posts Quarter-Over-Quarter Increase In Adjusted Funds Flow In Q4, Upsizes Credit Facility; National Bank Says Program Advancing Positively	MT

Logan Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023

March 18, 2024 at 06:16 pm EDT

Logan Energy Corp. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CAD 72.72 million compared to CAD 110.84 million a year ago.

Net loss was CAD 33.8 million compared to net income of CAD 39.4 million a year ago. Basic loss per share from continuing operations was CAD 0.11 compared to basic earnings per share from continuing operations of CAD 0.23 a year ago. Diluted loss per share from continuing operations was CAD 0.11 compared to diluted earnings per share from continuing operations of CAD 0.23 a year ago.

Latest news about Logan Energy Corp.

Logan Energy Corp.(TSXV:LGN) added to S&P/TSX Venture Composite Index	Apr. 21	CI
Logan Energy Up 6.5% As Posts Quarter-Over-Quarter Increase In Adjusted Funds Flow In Q4, Upsizes Credit Facility; National Bank Says Program Advancing Positively	Mar. 19	MT
Logan Energy Price Target Raised to $1.50 at TD	Mar. 19	MT
Logan Energy Posts Quarter-Over-Quarter Increase In Adjusted Funds Flow In Q4, Upsizes Credit Facility	Mar. 19	MT
Logan Energy Corp. Announces Production Results for the Fourth Quarter of 2023	Mar. 18	CI
Logan Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 18	CI
Logan Energy Maintained at Buy at Stifel FirstEnergy Following Q3 Results Beat; Price Target Kept at C$1.50	Nov. 24	MT
Toronto Stocks Inch Higher; Logan Energy Rises on Production, Improved Guidance	Nov. 23	DJ
National Bank of Canada Notes Logan Energy's 'Solid' Q3 Results	Nov. 23	MT
Logan Energy Corp. Reports Production Results for the Third Quarter Ended September 30, 2023	Nov. 22	CI
Logan Energy Corp. Provides Production Guidance for the Second Half of 2023 and Full Year of 2024	Nov. 22	CI
Logan Energy Brief: Q3 Loss per common share, basic and diluted $0.03; Provided increased guidance for the second half of 2023 as well as its preliminary budget for 2024	Nov. 22	MT
National Bank Of Canada Notes Spartan's In-Line Q3 Results	Nov. 08	MT
Logan Energy Initiated at Buy at Stifel FirstEnergy Following Spin Out from Spartan Delta; Price Target Set at C$1.50	23-10-12	MT
National Bank of Canada Says Logan Energy 'Remains Differentiated' With Growth Outlook	23-09-28	MT
National Bank Says Logan Energy's Production, Operating Netback Outperform Expectations	23-08-14	MT
National Bank of Canada Says Spartan Delta's Q2 Results Ahead Of Estimates	23-08-03	MT
Logan Energy Extending Term for Common Share Purchase Warrants	23-08-01	MT
National Bank of Canada Initiates Coverage Of Logan Energy	23-07-20	MT
Logan Energy Corp.(TSXV:LGN) dropped from S&P Global BMI Index	23-07-19	CI
Logan Energy Corp.(TSXV:LGN) dropped from S&P/TSX Capped Energy Index	23-07-19	CI
Logan Energy Corp.(TSXV:LGN) dropped from S&P/TSX Capped Composite Index	23-07-19	CI
Logan Energy Corp.(TSXV:LGN) dropped from S&P/TSX Composite Index	23-07-19	CI
Logan Energy Corp.(TSXV:LGN) dropped from S&P/TSX Completion Index	23-07-19	CI
Logan Energy Corp. announced that it has received CAD 48.490813 million in funding	23-07-12	CI

Chart Logan Energy Corp.

Duration

Period

More charts

Company Profile

Logan Energy Corp is a Canada-based company, which is engaged in the acquisition, production and exploration of oil and natural gas. The Company is focused in the Pouce Coupe and Simonette areas of north-west Alberta on the Montney resource trend, and in the Flatrock area of north-east British Columbia. The Company has approximately 193,000 net acres of working interest, 95% Montney Crown land across three properties (Simonette, Pouce Coupe and Flatrock). The Simonette property has approximately 51 operated Montney wells primarily drilled in the gas condensate window. The Pouce Coupe property has seven wells. The Pouce Coupe asset spans the gas condensate to light oil window. The Flatrock property is undeveloped Montney acreage prospective for both gas condensate and oil development. The Company also owns a 50% working interest in its 120 million standard cubic feet per day (mmcf/d) gas plant.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-17 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Logan Energy Corp.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.87 CAD

Average target price

1.545 CAD

Spread / Average Target

+77.59%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Oil Exploration & Production - Onshore

	1st Jan change	Capi.
LOGAN ENERGY CORP.	+8.75%	295M
CIVITAS RESOURCES, INC.	+12.56%	7.62B
SNGN ROMGAZ SA	+5.19%	4.39B
TOPAZ ENERGY CORP.	+17.39%	2.4B
ATHABASCA OIL CORPORATION	+15.83%	1.96B
PAREX RESOURCES INC.	-5.13%	1.77B
PETRORECONCAVO S.A.	-1.10%	1.24B
MATEN PETROLEUM	-.--%	1.12B
BERRY CORPORATION	+9.53%	592M
SURGE ENERGY INC.	+10.19%	523M

Oil Exploration & Production - Onshore