Geo Energy Resources - Phillip Securities Research 2026-06-02: Still On Track

• Geo Energy Resources (SGX:RE4)'s 1Q26 results were below expectations. Revenue/PAT were 17%/7% of our FY26e forecast. 1Q26 production declined 36% y-o-y to 2.0mil MT, caused by a 1.2mil MT decline at the TBR mine. As TBR approaches the end of its mine life, production will shift to the larger TRA mine, which has the new infrastructure. Production target for FY26e of 11.5-12.5mil MT is unchanged (FY25: 12.5mil MT).

• - Read this at SGinvestors.io -

The Positive

(+) Integrated infrastructure 90% completed.

• - Read this at SGinvestors.io -

The Negative

(-) Decline in production.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2026-03-16 Geo Energy Resources - Going For The Trifecta Win.

Price targets by other brokers at Geo Energy Target Prices.

Listing of research reports at Geo Energy Analyst Reports.

Relevant links:
Geo Energy Share Price History,
Geo Energy Announcements,
Geo Energy Dividend Payout Dates & Corporate Actions,
Geo Energy News