Q1 2026 results are live!
🔹 Sulphur sales contributed 34% of revenue
🔹 Increased third-party raw gas processing volumes to 156.8 MMcf/d; 72% higher than Q1 2025
🔹 Highest quarterly debt repayment in Company history - US$27 million
See full results: https://t.co/El2UJXh6Ch
Cavvy owns & controls critical deep-cut, sour gas and sulphur infrastructure with available capacity to capture, process, and market high-value third party volumes.
We are excited to continue delivering strong results.
Shipping firms have been hit particularly hard by the global energy shock triggered by the closure of the Strait of Hormuz, with the price of very low sulphur fuel oil (VLSFO) – the fuel used by most commercial vessels – rising even faster than Brent crude prices in recent months
•Higher cash flows from elevated oil and gas prices
•Improved balance sheets and shareholder returns via dividends and buybacks
•Stronger capital discipline, allowing firms to remain profitable even at lower breakeven levels