Earnings summaries and quarterly performance for enCore Energy.
Executive leadership at enCore Energy.
Board of directors at enCore Energy.
Research analysts covering enCore Energy.
Recent press releases and 8-K filings for EU.
enCore Energy Reports Q3 2025 Financial Results and Operational Update
EU
Earnings
New Projects/Investments
- enCore Energy reported a net loss per share of $(0.03) for Q3 2025, an improvement from $(0.09) in the same period of 2024.
- Uranium extraction in Q3 2025 reached 227,070 pounds, marking an 11.4% increase from Q2 2025.
- The company delivered 130,000 pounds of uranium into contracts at a price of $68.28 per pound, with a weighted average cost of $38.35.
- As of September 30, 2025, enCore held $100.3 million in cash and equivalents and $119.7 million in working capital.
- The Dewey-Burdock Project was approved for inclusion in the Fast-41 Program for expedited permitting review.
Nov 12, 2025, 11:20 AM
enCore Energy Reports Q3 2025 Financial Results
EU
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- enCore Energy reported a net loss per share of $(0.03) for the third quarter ended September 30, 2025, an improvement from $(0.09) in the same period of 2024.
- The company achieved U3O8 extraction of 227,070 pounds in Q3 2025, representing an 11.4% increase from the second quarter of 2025.
- Year-to-date, enCore delivered 480,000 pounds of U3O8 into sales contracts at an average price of $64.13 per pound.
- As of September 30, 2025, enCore maintained a cash balance exceeding $100 million and working capital of $119.7 million.
- The Dewey Burdock Project was approved for inclusion in the federal FAST-41 program for expedited permitting review.
Nov 10, 2025, 12:00 PM
enCore Energy announces new uranium discoveries at Alta Mesa Project
EU
New Projects/Investments
- enCore Energy Corp. announced the discovery of new uranium mineralized roll fronts at its Alta Mesa In-Situ Recovery (ISR) Uranium Project, identified through a re-analysis of historic drill data that began in April 2025.
- These discoveries include a new roll front advancing to permitting as Wellfield 3 Extension and two new roll fronts in Wellfield 4, which are included in existing permit authorization and are shallow, potentially leading to significant cost savings in extraction.
- The re-analysis and follow-up drilling are expected to continue through the end of 2025 and into 2026, with a major drill program also commencing soon on the Alta Mesa East Property.
- The Alta Mesa Uranium Project, managed by enCore under a 70/30 joint venture with Boss Energy Limited, hosts a fully licensed and operational ISR Central Processing Plant with a total operating capacity of 1.5 million pounds uranium per year.
Oct 15, 2025, 11:00 AM
enCore Energy Corp. Appoints Vice President, Permitting and Regulatory Affairs
EU
Management Change
Hiring
New Projects/Investments
- enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) announced the immediate appointment of Ms. Ashley Forbes as Vice President, Permitting and Regulatory Affairs.
- Ms. Forbes brings over 25 years of experience as an environmental regulator, having previously served for seven years as the Deputy Director of the Texas Commission on Environmental Quality's (TCEQ) Radioactive Materials Division.
- Her appointment is expected to be instrumental in advancing the company's projects, including the Dewey Burdock In-Situ Recovery Uranium Project, which recently received federal approval for fast-track permitting.
Oct 1, 2025, 11:00 AM
enCore Energy Corp. Appoints Robert Willette as CEO and Details Executive Compensation
EU
CEO Change
Management Change
Executive Compensation
- enCore Energy Corp. formally appointed Robert Willette as its Chief Executive Officer on September 24, 2025, effective September 22, 2025, after he served as Acting CEO for six months.
- As CEO, Mr. Willette's compensation package includes an annual base salary of $550,000, eligibility for an annual target bonus of 75% of his base salary, a target annual award opportunity of 150% of his base salary under the Long-Term Incentive Plan, and one-time inducement equity grants totaling 125,000 RSUs, 125,000 stock options, and an additional 500,000 RSUs.
- William M. Sheriff, Executive Chairman, will receive an increased annual base salary of $425,000, eligibility for an annual target bonus of 75% of his base salary, a target annual award opportunity of 200% of his base salary in stock options under the Long-Term Incentive Plan, and a one-time equity grant of 320,000 stock options.
Sep 25, 2025, 11:05 AM
enCore Energy's Dewey Burdock Uranium Project Secures Final EPA Permit Approval
EU
New Projects/Investments
Legal Proceedings
- The U.S. Environmental Protection Agency's (EPA) Environmental Appeals Board (EAB) denied a petition challenging the Class III and Class V Underground Injection Control (UIC) permits for enCore Energy Corp.'s Dewey Burdock In-Situ Recovery (ISR) Uranium Project.
- This decision allows the Dewey Burdock Project to advance through federal permitting, with state permitting activities planned to begin in 2025, accelerating its development.
- The project, which was approved for fast-track federal permitting on August 28, 2025, now has all major federal authorizations, including EPA UIC permits and the NRC Source Materials License, final and effective.
Sep 16, 2025, 11:00 AM
enCore Energy Corp Provides Update on Production, Projects, and Financials
EU
New Projects/Investments
Management Change
Guidance Update
- enCore Energy Corp, focused on U.S. in-situ recovery (ISR), has two operational plants and has seen its production almost triple in the last three to four months following a management change in March.
- The company has a market capitalization of approximately $500 million and a cash balance of around $100 million to $115 million, having recently completed a $115 million convertible note.
- For 2025, enCore is 100% contracted for uranium sales, with 14 contracts spanning the next eight to nine years with U.S. utilities.
- Key projects include Upper Spring Creek, under construction and expected to begin production in early 2026, and Dewey-Burdock, fast-tracked for production in 2028.
Sep 12, 2025, 2:45 PM
enCore Energy Provides Operational and Strategic Update
EU
New Projects/Investments
Management Change
Revenue Acceleration/Inflection
- enCore Energy Corp. (EU), dedicated to in-situ recovery (ISR) uranium production in the U.S., has seen its production almost triple in the three to four months following a major management change in early March.
- The company is expanding its operations with Upper Spring Creek under construction, expected to be completed by the end of October 2025, with production ramp-up anticipated in December 2025 or February 2026 depending on final permitting.
- enCore holds 14 contracts with U.S. utilities spanning the next 8-9 years, with 100% of its production contracted for 2025.
- The company reported a market capitalization of approximately $500 million and a cash balance between $100 million and $115 million, having recently completed a $115 million convertible note to fund future exploration and development, including the Dewey-Burdock project expected online in 2028.
Sep 12, 2025, 2:45 PM
enCore Energy Highlights Production Growth, Strategic Projects, and Management Impact
EU
New Projects/Investments
Management Change
Debt Issuance
- enCore Energy, a leading US in situ recovery (ISR) uranium producer, maintains 14 contracts with US utilities over the next eight to nine years, with 100% of its 2025 production already contracted.
- The company's cash balance is between $100,000,000 and $115,000,000, bolstered by a recently completed $115,000,000 convertible note to fund future exploration and capital expenditures.
- A significant management change in March 2025 led to an almost tripling of production in three to four months.
- Key projects advancing include Dewey Burdock, anticipated to come online in 2028 as a multi-decade operation, and Upper Spring Creek, under construction and expected to begin production ramp-up by early 2026.
- Drilling is scheduled to commence in October 2025 at Alta Mesa East, a newly acquired extension of the Alta Mesa wellfields.
Sep 12, 2025, 2:45 PM
enCore Energy Highlights Production Growth and Project Pipeline
EU
Management Change
New Projects/Investments
Guidance Update
- enCore Energy, dedicated to in situ recovery (ISR) in the US, operates two plants and has almost tripled its production in three to four months following a management change in March 2025.
- The company has a market capitalization of approximately $500,000,000 and a cash balance between $100,000,000 and $115,000,000. It recently completed a $115,000,000 convertible note to fund future exploration and capital for projects.
- Key projects include Upper Spring Creek, with construction expected to be completed by October 2025 and production potentially starting in December 2025 or February 2026 depending on permitting. The multi-decade Dewey Burdock project is anticipated to come online in 2028.
- enCore aims for a sales strategy of 50% contracted and 50% spot market exposure, holding 14 contracts with US utilities over the next 8-9 years. In 2025, they are 100% contracted, and in 2024, they were 110% contracted.
Sep 12, 2025, 2:45 PM
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