Highwood Q2 FY26 net income more than doubled to CAD 30.72 million; petroleum and natural gas sales rise 38% to CAD 34.59 million

• Highwood posts Q2 2026 net income of CAD 30.72 million, up 129% from a year earlier.
• Revenue rises 38% to CAD 34.59 million, while total revenues net of royalties and commodity contracts slip 7% to CAD 34.68 million.
• Non-GAAP EBITDA falls 22% to CAD 11.81 million; non-GAAP adjusted funds flow totals CAD 9.9 million.
• Average production declines 10% to 5,079 boe/d; crude oil output drops 11% to 2,554 bbl/d.
• Wilson Creek asset sale closes for up to CAD 112 million, cutting net debt to CAD 16.35 million from CAD 114 million at March 31.

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 via CNW (Ref. ID: 202608200800CANADANWCANADAPR_C9231) on August 20, 2026, and is solely responsible for the information contained therein.