Horizon Oil Limited (ASX: HZN) reported a solid performance for the first half of FY26, achieving total oil and gas sales of 1,051,801 boe, a 25% increase compared to the prior period. The company achieved EBITDAX of US$28.6 million, in line with last year, despite a 15% decrease in realised oil prices.
The acquisition of MH Energy Thailand LLC contributed significantly to revenue, with US$9.6 million generated from the Sinphuhorm and Nam Phong gas fields. Production in Thailand accounted for 28% of the Group’s total output. The company successfully completed several workover and field optimisation projects, driving improved production from its assets.
The Board declared an interim unfranked dividend of AU$1.5 cents per share, to be paid in April 2026, reflecting Horizon’s strong cash generation and commitment to shareholder returns.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Horizon Oil Delivers Solid 1H FY26 Results; Strategic Acquisitions Drive Growth
Horizon Oil Limited (ASX: HZN) reported a solid performance for the first half of FY26, achieving total oil and gas sales of 1,051,801 boe, a 25% increase compared to the prior period. The company achieved EBITDAX of US$28.6 million, in line with last year, despite a 15% decrease in realised oil prices.
The acquisition of MH Energy Thailand LLC contributed significantly to revenue, with US$9.6 million generated from the Sinphuhorm and Nam Phong gas fields. Production in Thailand accounted for 28% of the Group’s total output. The company successfully completed several workover and field optimisation projects, driving improved production from its assets.
The Board declared an interim unfranked dividend of AU$1.5 cents per share, to be paid in April 2026, reflecting Horizon’s strong cash generation and commitment to shareholder returns.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au