Jadestone Energy plc (JSE) Earnings Call Transcripts
Jadestone Energy plc's Latest Earnings Call - May 19, 2026
In the full year 2025 results call for Jadestone Energy plc, management reported a modest 3% increase in revenue to $153 million, despite a significant post-tax loss of $111 million attributed to an impairment of $88.2 million. The company maintained its production guidance for 2026 at 18,000 to 21,000 BOE per day, signaling a focus on operational excellence and cost discipline. The refinancing of their debt through a $200 million bond issue has improved liquidity, positioning the company for growth, particularly in Vietnam, where they have secured key regulatory approvals for the Nam Du U Minh project, expected to drive future cash flows.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $153 million (beat) |
| Adjusted EBITDAX | $153 million (positive) |
| Net Loss | $111 million (negative) |
| Production Costs | $28 per BOE (positive) |
| Liquidity | $220 million (positive) |
| Production Guidance | 18,000 to 21,000 BOE per day (neutral) |
Guidance from management
Management maintained production guidance for 2026 at 18,000 to 21,000 BOE per day and reiterated their free cash flow guidance of $200 million to $240 million for 2025-2027, indicating a focus on operational efficiency and growth opportunities.
What management said
Great. Thank you, Gabriel, and thank you, everyone, for your time today and your continued interest in Jadestone. Please follow up and get in touch with us if you have any further questions or comments on the results or today's presentation.
What analysts pressed on
Analysts expressed concerns regarding the impact of the Stag field's shutdown due to Cyclone Narelle, particularly its effect on production guidance. There were also questions about the timeline for the farm-out process in Vietnam and the potential for asset impairment reversals given the current oil price environment.
Main topics on the call
- Operational Performance — Jadestone achieved record production levels in 2025, with a 23% increase in lifted volumes. Management noted, "operational excellence and cost discipline drove record production and materially lower operating costs," lea...
- Impairment Impact — The company reported a significant post-tax loss of $111 million primarily due to an impairment of $88.2 million, which was "broadly in line with the estimate we provided in the February guidance." This loss overshadowed...
- Debt Refinancing — Jadestone successfully refinanced its debt with a $200 million debut bond issue, enhancing liquidity to approximately $220 million. This refinancing "greatly enhances our ability to direct the cash flow generated from th...
- Vietnam Project Progress — The Nam Du U Minh project in Vietnam has made significant strides, with the booking of approximately 32 million BOE of gross 2P reserves. Management expressed confidence in the project's potential, stating, "we are on tr...
Read the full Jadestone Energy plc transcript (May 19, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Jadestone Energy plc
Jadestone Energy plc (JSE) is a publicly listed company in the Oil, Gas and Consumable Fuels industry, within the Energy sector. It trades on AIM and is based in GB. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 43 calls on record spanning February 25, 2020 to August 27, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 43 Jadestone Energy plc earnings call transcripts on record, spanning February 25, 2020 to August 27, 2026. Based on this history, Jadestone Energy plc reports quarterly. The most recent call on file is dated August 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- JSE
- Exchange
- AIM
- Country
- GB
- Sector
- Energy
- Industry
- Oil, Gas and Consumable Fuels
- Calls on record
- 43
- First call
- February 25, 2020
- Most recent
- August 27, 2026
- Reporting cadence
- quarterly