-+ 0.00%
-+ 0.00%
-+ 0.00%
Highwood Asset Management Management Commentary: Commodity Contract Losses Drive Q3 2026 Loss
Share
Listen to the news
Highwood Asset Management Management Commentary: Commodity Contract Losses Drive Q3 2026 Loss
  • Highwood Asset Management's management commentary attributed its third-quarter 2026 net loss of CAD 11.43 million to increased commodity-contract losses.
  • Realized commodity-contract losses totaled CAD 2.82 million, while unrealized losses reached CAD 15.98 million despite stronger commodity prices.
  • Production fell 53% to 2,494 boe/d, primarily reflecting the Wilson Creek disposal; September turnarounds also curtailed output.
  • EBITDA declined to CAD 3.84 million from CAD 13.9 million, driven by commodity-contract losses and lower production following the disposal.
  • Nine-month 2026 net income fell to CAD 4.78 million from CAD 15.99 million as commodity-contract losses offset stronger prices and disposal gains.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highwood Asset Management Ltd. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending