sur ROK Resources Inc. (CVE:ROK)
ROK Resources Reports 2025 Financial Results
ROK Resources Inc. has published its financial results for the year ending December 31, 2025. The company reported an adjusted net surplus of $4.5 million, marking a significant recovery from $10.6 million in adjusted net debt the prior year. With approximately 90% of its positions unhedged, ROK realized $7.2 million in net hedge gains on commodity contracts, showcasing its exposure to spot pricing.
The average daily production stood at 3,591 boepd, with 66% consisting of liquids. However, ROK ended the year with a net loss of $10.8 million, consistent with $10.3 million reported for Q4 2025. Operating income reached $18.4 million, supported by $68.2 million in oil and natural gas sales, though down from $85.2 million in 2024. Funds from Operations aligned with expectations at $27.4 million.
An executed Normal Course Issuer Bid led to the repurchase and cancellation of over two million shares. Plans are in place for renewing this bid, allowing for further share buybacks. As part of its annual filings, the company made its financial and oil and gas disclosure documents available on SEDAR+.
R. H.
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