Southern Energy Corp. Reports Second Quarter 2025 Financial Results

Southern Energy Corp. reported a 3% rise in Q2 2025 sales, driven by a notable 61% increase in natural gas pricing compared to the previous year. Despite this, production decreased by 27%, averaging 11,295 Mcfe/d. The company completed the GH Lower Selma Chalk 13-13 #2 well, enhancing its Gwinville field at 10% less than the budgeted cost.

The company recorded a net loss of $0.4 million, a significant improvement over the $2.6 million loss from Q2 2024. April saw successful equity financing of $5 million and conversion of debentures to equity. The LSC 13-13 #2 well is contributing new volumes at lower costs.

Looking forward, Southern Energy anticipates increased cash flow due to new volumes and two additional high-quality wells. The firm remains optimistic about continued natural gas price strength through 2025 and into 2026, aiming to enhance shareholder value with disciplined growth strategies.