OceanaGold Corporation (OGC) Earnings Call Transcripts

OceanaGold Corporation's Latest Earnings Call - June 9, 2026

OceanaGold Corporation reported a stellar performance for the fiscal year 2025, driven by strong operational execution and favorable gold prices, achieving record financial results. The company generated significant value, with record annual EBITDA margin, adjusted net profit, and free cash flow. Looking ahead to 2026, management signaled a substantial increase in capital returns to shareholders, tripling the quarterly dividend and doubling share buybacks, amounting to up to $432 million, indicating a robust financial outlook.

Reported metrics

Guidance from management

For 2026, OceanaGold expects to generate significant free cash flow while continuing to advance growth projects and exploration programs, with a tripling of dividends and doubling of share buybacks.

What management said

These nominees are the only persons who have been nominated to stand for the election as directors of the company. Accordingly, no further nominations will be accepted and I declare the nominations closed. As the polls are open, I now direct that we proceed to take out by ballot. Please vote now. [Voting]

As there is no further discussion, I'll close the poll on the final resolutions in the next 30 seconds. I now declare the polls closed. Ladies and gentlemen, I'm pleased to announce that all resolutions have passed. I'd like to take this opportunity to thank all shareholders for attending the meeting and for your continued support of the company. As there is no further formal business to be brought before the meeti...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of high gold prices and potential impacts on operational costs in the future. There were also questions about the execution risks associated with the ambitious growth and exploration plans.

Main topics on the call

• Record Financial Performance — OceanaGold achieved record annual EBITDA margin, adjusted net profit, and adjusted earnings per share in 2025, reflecting strong operational execution and a favorable gold price environment averaging around $3,500 per ou...
• Increased Capital Returns — The company plans to triple its quarterly dividend and double share buybacks in 2026, resulting in up to $432 million in capital returns to shareholders, a 112% increase year-over-year. Management emphasized, "We are mat...
• Strong Balance Sheet — OceanaGold reported having no debt and a substantially increased cash balance, marking the strongest balance sheet in the company's 37-year history. CEO Gerard Bond noted, "We expect to do all of this and still have a su...
• Growth and Exploration Investment — The company is significantly increasing its investment in growth and exploration in 2026, particularly through the development of the Waihi North Project and the Palomino underground mine at Haile. Management indicated, ...

Read the full OceanaGold Corporation transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 36 OceanaGold Corporation earnings call transcripts on record, spanning February 20, 2020 to August 6, 2026. Based on this history, OceanaGold Corporation reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OGC

Exchange

TSX

Country

CA

Sector

Materials

Industry

Metals and Mining

Calls on record

36

First call

February 20, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly