Hemisphere Energy (HMENF) Stock News

Hemisphere Energy (OTCQX: HMENF) declared a $0.03 special dividend per share payable May 28, 2026 to holders of record on May 14, 2026, following an earlier $0.03 special dividend payable April 28, 2026.

For 2025, Hemisphere reported annual production of 3,645 boe/d (+6%), revenue of $93.9M, adjusted funds flow of $42.9M, free funds flow of $26.6M, and capital expenditures of $16.3M. The company returned cash to shareholders via dividends and NCIB repurchases and exited 2025 with working capital of $8.6M.

Hemisphere Energy (OTCQX: HMENF) declared a $0.03 special dividend payable April 28, 2026 to shareholders of record April 15, 2026, designated as an eligible Canadian dividend, in addition to a $0.025 quarterly base dividend.

Independent reserves (Dec 31, 2025) by McDaniel show PDP NPV10 BT of $212M (9.3 MMboe), 1P NPV10 BT $252M (11.8 MMboe), and 2P NPV10 BT $316M (15.2 MMboe). Corporate production ~3,800 boe/d (99% heavy oil). NAV per diluted share ranges $2.31 (PDP) to $3.35 (2P).

Hemisphere Energy (OTCQX: HMENF) declared a quarterly cash dividend of $0.025/share payable Feb 26, 2026 (record Feb 12). The board approved a 2026 capital program of $12M funded by forecasted adjusted funds flow (AFF) of $40M at US$60/bbl WTI, producing free funds flow (FFF) of $28M.

The company forecast average production of 3,900 boe/d (99% heavy oil), enters 2026 debt-free with >$7M working capital, and plans ~35% of FFF for base dividends with remaining cash for discretionary uses including NCIB, special dividends, or M&A.

Hemisphere Energy (OTCQX: HMENF) announced equity compensation grants on December 12 and December 15, 2025. The board approved the award of 930,000 restricted share units (RSUs) to directors and officers, which vest one-third annually over three years and expire on December 15, 2028. The RSU plan allows redemption in cash or by issuance of common shares at the board's discretion.

Separately, the company granted 48,000 incentive stock options to its investor relations service provider on December 15, 2025, at an exercise price of $2.01 per share; those options vest quarterly over 12 months and expire on December 15, 2030.

Hemisphere Energy (OTCQX: HMENF) reported Q3 2025 results and declared a quarterly cash dividend of $0.025/share payable Dec 30, 2025 (record date Dec 9, 2025).

Key Q3 metrics: production 3,571 boe/d (99% heavy oil), revenue $23.1M, operating netback $41.39/boe, adjusted funds flow $10.1M ($30.59/boe), free funds flow $4.9M, and positive working capital of $11.0M. Q3 capex was $5.17M and NCIB repurchases totaled $1.9M.

Outlook: company now estimates 2025 average production ~3,600–3,700 boe/d (revised from 3,900 boe/d) and expects to return at least $21.6M to shareholders in 2025 via dividends and buybacks.

Hemisphere Energy (OTCQX:HMENF) reported strong Q2 2025 financial results, with production averaging 3,826 boe/d (99% heavy oil) and revenue of $24.4 million. The company generated $10.3 million in adjusted funds flow and $8.1 million in free funds flow.

Key financial highlights include operating costs of $14.18/boe and an operating field netback of $42.77/boe. Hemisphere declared a quarterly base dividend of $0.025 per share and distributed an additional $0.03/share special dividend during Q2. The company maintained a strong balance sheet with $13.9 million in positive working capital.

Operations update reveals plans for a drilling program commencing in Q3 2025, including development wells in Atlee Buffalo and a new well in Marsden to test a second oil-bearing zone.

Hemisphere Energy (OTCQX:HMENF) has declared a special dividend of $0.03 per common share, payable on August 15, 2025, to shareholders of record as of July 31, 2025. This marks the company's second special dividend in 2025, complementing its regular quarterly dividend of $0.025 per share.

The company has demonstrated strong shareholder returns in 2025, having distributed $12.2 million ($0.13 per share) through various channels: $4.5 million in share buybacks, $4.8 million in quarterly dividends, and $2.9 million in special dividends. These distributions are supported by Hemisphere's high-margin EOR assets, low production decline, and robust balance sheet.

Hemisphere Energy (OTCQX:HMENF) has received approval from the TSX Venture Exchange to renew its Normal Course Issuer Bid (NCIB). The company can purchase up to 7,934,731 common shares, representing 10% of the current public float, for cancellation between July 14, 2025 and July 13, 2026.

Under its previous NCIB, Hemisphere purchased 3,624,700 shares at a weighted-average price of $1.793 per share. The company believes the market price occasionally doesn't reflect its intrinsic value and has retained Canaccord Genuity Corp. to conduct the NCIB on its behalf.

Hemisphere Energy Corporation (HMENF) held its Annual General and Special Meeting of Shareholders with 41,688,604 common shares voted, representing 43.07% of total outstanding shares. Shareholders approved all proposed items including: setting the board size at six directors, electing Charles O'Sullivan, Don Simmons, Frank Borowicz, Bruce McIntyre, Gregg Vernon, and Richard Wyman to the Board, reappointing KPMG LLP as auditors, approving the Amended and Restated Stock Option Plan, ratifying the Bonus Award Incentive Plan, and approving the grant of 1,221,000 restricted share units.