Canada's EverGen infrastructure Q2 revenue rises on higher tipping, carbon credit sales

EverGen Infrastructure

27/08/2026 05:38

Overview
Canada RNG infrastructure firm's Q2 revenue rose 71% yr/yr on higher tipping and carbon credit sales
Q2 net loss narrowed 80% yr/yr, helped by higher revenue and lower expenses
Adjusted EBITDA climbed 416% yr/yr, driven by increased feedstock and RNG production

Outlook
Company says priority is advancing existing growth projects and evaluating expansion opportunities
Company did not provide specific financial guidance or outlook for the current or future periods in press release

Result Drivers
FEEDSTOCK VOLUMES - Co said incoming organic feedstock volumes rose 34% yr/yr, supporting higher tipping revenues
RNG PRODUCTION - Record RNG production rose 11% yr/yr, attributed to stabilization at FVB and GrowTEC facilities
CARBON CREDIT SALES - Settlement of carbon credit sales contributed to revenue growth in the quarter

Company press release: ID:nBw4MwTxRa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
C$4.75 bln
 
Q2 Loss Per Share
 
C$0.01
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the renewable fuels peer group is "buy."
Wall Street's median 12-month price target for EverGen Infrastructure Corp is C$1.00, about 104.1% above its August 26 closing price of C$0.49

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Aug 25 - China's Suntien Green Energy H1 revenue, profit down on weak gas demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)