Key points
- Record FY26 net production of 2.15 MMboe
- Underlying revenue of $107.2 million
- Strong cash generation with $47.2 million cash flow from operating activities
- Total shareholder return of 18%
- Net debt of $11.3 million at June 30, 2026
Full summary
Horizon Oil Ltd presented its FY26 results, highlighting a record net production of 2.15 million barrels of oil equivalent (MMboe), a 33% increase from FY25. The company achieved underlying revenue of $107.2 million, with cash flow from operating activities reaching $47.2 million. Horizon Oil Ltd also reported a total shareholder return of 18%, with dividends of $33.1 million paid to shareholders. The company ended FY26 with a net debt of $11.3 million, reflecting disciplined capital allocation and investment in growth opportunities.
Guidance
FY26 production: 2.15 MMboe, underlying revenue: $107.2 million, cash flow from operating activities: $47.2 million, total shareholder return: 18%, net debt: $11.3 million
Outlook
Horizon Oil Ltd is poised for continued growth, with significant infrastructure-led opportunities in Thailand and a strong focus on disciplined capital allocation and shareholder returns.