Q1 2026 Nebras Energy Earnings Call Transcript
Key Points
- Nebras Energy (DSMD:QEWS) demonstrated strong and robust performance in Q1 2026, despite regional political challenges.
- The company secured significant stakes in two new CCGT power projects in Oman, with construction already underway.
- Revenue for Q1 2026 increased by 6% compared to Q1 2025, reaching QAR725 million.
- EBITDA for Q1 2026 was QAR450 million, a 2% increase from the same period last year.
- The company maintains a well-diversified portfolio of renewables and thermal assets across multiple regions with strong demand growth.
- Higher maintenance costs at Qatar Power Company plant and lower earnings from Moorabool wind farm impacted share profits from joint ventures and associates.
- General and administrative expenses increased by QAR21 million due to a one-time expense related to historical development costs.
- Total equity of the group decreased by 2% due to final 2025 dividends paid in Q1 2026.
- Decrease in available-for-sale investments contributed to a nearly 1% decrease in total assets compared to the previous year-end.
- The company faces challenges with lower generation and lower LGC revenue at the Moorabool wind farm.
Hello everyone and welcome to Nebras Energy conference call. Please note that this call is being recorded. I'd like to hand over to Bobby for opening remarks.
Thank you, Ali. Hi, hello, everyone. This is Bobby Sarkar, Head of Research at QNB Financial Services. I wanted to welcome everyone to Nebras Energy's first quarter 2026 results conference call.
So on this call, we have Shahzad Gill, who is the Chief Finance and Planning Officer at Nebras Energy and Dan Sabitov, who is the Corporate Planning, Performance and IR Manager.
So we will conduct this conference with the management first reviewing the company's results, followed by a Q&A session. Please note that we will accept questions in an audio format only for this webinar. I would now like to turn the call over to Shahzad. Shahzad, please go ahead.
Thank you very much, Bobby. Good afternoon, everyone. I welcome
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
