Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector.

The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. 

Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space.  Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. 

Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Bottom-Up

<ul>
<li>2Q26 production averaged 22.3 mbbl/d, essentially unchanged from 1Q26.</li>
<li>2Q26 revenue was ~US$260 mm.</li>
<li>This compares with our expectation of ~US$275 mm, driven by lower‑than‑assumed oil realizations (US$105.8/bbl vs. our US$110/bbl assumption).</li>
</ul>


2Q26 production averaged 22.3 mbbl/d, essentially unchanged from 1Q26.
2Q26 revenue was ~US$260 mm.
This compares with our expectation of ~US$275 mm, driven by lower‑than‑assumed oil realizations (US$105.8/bbl vs. our US$110/bbl assumption).


Valeura Energy (TSX: VLE): ~US$100 mm free cash flow in 2Q26. Bussabong FID on track for 3Q26

Valeura Energy Inc

Valeura Energy (TSX: VLE): ~US$100 mm free cash flow in 2Q26. Bussabong FID on track for 3Q26