Capstone Copper reported record Q2 2026 revenues, record EBITDA of $354M, driven by strong copper prices and production. CSCCF's Mantoverde Optimized project is on schedule for Q4 2026 ramp-up, with consolidated copper production potentially reaching 265Kt in 2027; Santo Domingo offers further growth into the 2030s. Valuation is fair with an EV/EBITDA near 5, factoring in imminent Mantoverde Optimized contribution.
Capstone Energy+, Inc. (CEPL) Q1 2027 Earnings Call Transcript
Capstone Energy+ NASDAQ: CEPL reported fiscal first-quarter 2027 revenue of $24.9 million for the quarter ended June 30, 2026, down from $27.9 million a year earlier, as lower product shipment volume and reduced rental utilization were partly offset by growth in parts and service revenue.
Capstone Copper TSE: CS reported record quarterly adjusted EBITDA for the seventh consecutive quarter in the second quarter of 2026, supported by improved copper production, strong realized copper prices and operating performance at its Chilean and Mexican mines.
Capstone Energy+ (CGEH) rebranded to reflect a broader, ultra-clean, modular, and hybrid energy focus beyond just 'green' solutions. CGEH achieved its first full-year profit, expanded gross margins to 32%, and doubled adjusted EBITDA to $15.9M on strong operating leverage. The 5 ppm Combustion Liner and 800-Volt DC hardware are outperforming, targeting commercial readiness by year-end and driving data center pipeline growth.
Capstone Energy+, Inc. (CGEH) Q4 2026 Earnings Call Transcript
Capstone Copper delivered record Q1 2026 adjusted EBITDA of $329M, driven by a realized copper price of $5.92/lb. Labor issues at Mantoverde are resolved, supporting confidence in meeting 2026 production guidance and enabling growth from the Mantoverde Optimized project in 2027. Adjusted free cash flow remained positive for the fifth consecutive quarter, and net debt declined to $738M, strengthening the balance sheet for future growth initiatives.
CGEH is capitalizing on surging demand for reliable on-site power, fueled by data center expansion, grid constraints, CHP adoption and improving margins.
Rising grid instability and AI-driven demand are fueling a shift to resilient, on-site power, positioning CGEH for strong growth and improving margins.
Capstone Copper is rated a 'Buy' with a conservative price target of $13.5/share, reflecting significant upside potential amid recent sector underperformance. CS:CA's short-term challenges—lower ore grades, labor disputes, and cost increases—are viewed as transitory against a robust multi-year copper demand outlook. Operational ramp-up, asset optimization, and improved cost structure position CS:CA to become a leading mid-tier copper producer by 2027–2028.
Capstone Green Energy Holdings, Inc. (CGEH) Q2 2026 Earnings Call Transcript
Capstone Copper operates four copper mines across the U.S., Mexico, and Chile, with Chilean mines contributing most of its output. The company is primarily focused on copper production, with only minor silver and other metal byproducts. I have tracked Capstone's performance quarterly and added it to my portfolio in April at around CAD 6-8 per share.