Atlas Energy Corp Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤$15.0 million royalty acquisition completed for Southwest Alberta producing assets
- ➤$141,000 royalty revenue generated during first seven ownership days
- ➤Atlas ended quarter with $9.2 million cash and no debt
- ➤Net loss widened to $0.9 million from $0.7 million year over year
- ➤TSXV Sandbox exit completed; Atlas began trading as regular Tier 2 issuer
Expert Statements
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“The third quarter marked an important milestone for Atlas as we completed our first royalty acquisition, established our initial source of royalty revenue and successfully exited the TSXV Sandbox”
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“Our $15 million investment in producing Alberta oil and gas assets demonstrates our ability to structure and execute transactions aligned with our investment strategy and provides a revenue-generating foundation from which to pursue our international growth ambitions.”
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“While our third quarter operating results reflect only seven days of royalty ownership, we enter the next stage of Atlas’s development with an established royalty revenue base, approximately $9.2 million in cash and no debt at quarter-end.”
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“International royalty and streaming opportunities remain our principal growth focus.”
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“We are advancing our pipeline with the objective of converting these opportunities into completed transactions that diversify our asset base, expand our sources of long-term revenue and deliver attractive risk-adjusted returns for shareholders.”
Mark Hodgson, President and Chief Executive Officer of Atlas Energy Corp.
“Our first acquisition is an important step in building Atlas, and our priority is to build on that momentum through disciplined execution of our international strategy.”
CALGARY, Alberta, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Atlas Energy Corp. (“Atlas” or the “Company”) (TSXV: ATLE), is pleased to announce its financial and operating results for the three and nine months ended September 30, 2026, highlighted by the completion of its first royalty acquisition and the commencement of royalty revenue.
Selected financial and operational information is outlined below and should be read in conjunction with Atlas’ unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2026, which are available on the Company’s SEDAR+ profile at www.sedarplus.ca.
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