Constellation Oil Services swings to 1Q FY26 profit of US$33.1 million; net operating revenue rises 64.8% to US$200.7 million

• Constellation Oil Services posted 1Q26 net profit of US$33.1 million, swinging from a net loss in the prior-year quarter.
• Net operating revenue rose 64.8% from a year earlier to US$200.7 million.
• Adjusted EBITDA more than doubled to US$97.1 million, lifting margin 12.5 percentage points to 48.4%.
• Contract backlog climbed to US$2.7 billion as of March 31, following the conclusion of Renecon with Petrobras.
• Net debt increased 6.3% from end-2025 to US$444.3 million; fleet uptime reached 99.1%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Constellation Oil Services Holding SA published the original content used to generate this news brief on May 27, 2026, and is solely responsible for the information contained therein.