AXL - American Axle & Manufacturing Holdings, Inc.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said its second quarter was its “best quarter yet”, with adjusted EBITDA rising 300% year on year to US$25.1 million as revenue more than doubled. Revenue net of royalties increased 116% to US$34.2 million, while average production climbed 30% to 4,902 barrels of oil equivalent per day and was 4% higher than the first quarter.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said its second quarter was its “best quarter yet”, with adjusted EBITDA rising 300% year on year to US$25.1 million as revenue more than doubled. Revenue net of royalties increased 116% to US$34.2 million, while average production climbed 30% to 4,902 barrels of oil equivalent per day and was 4% higher than the first quarter.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has bought its first producing asset outside Colombia, acquiring an oil property in Alberta for C$12.15 million, or roughly US$8.9 million. The AIM and TSX Venture-listed producer has taken a 100% working interest in the Thorsby property in central Alberta, funding the purchase entirely from cash reserves.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said gross corporate production has risen above 5,000 barrels of oil equivalent per day after three new Icaco wells entered production on the Tapir Block in Colombia. The strongest initial contribution came from IC-HZ5, which is producing 1,270 barrels of oil per day gross, or 635 bopd net to Arrow, from the Ubaque formation while the well continues to clean up.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said its Icaco-2 exploration well in Colombia has been drilled, completed and brought on production, adding restricted output of around 830 barrels of oil per day gross from the Ubaque formation. The AIM and TSX-V-listed company said IC-2 was drilled on time and under budget to a total measured depth of 12,020 feet.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) CEO Marshall Abbott talked with Proactive about the company's strongest quarter to date, highlighting rising revenue, EBITDA, cash flow and continued operational momentum across the Tapir block in Colombia. Proactive: Welcome back inside our Proactive newsroom.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said first-quarter production, revenue and earnings rose as higher output from Colombia's Tapir block underpinned a stronger start to 2026, before a post-period exploration discovery at Icaco added a fresh drilling catalyst. Average production increased to 4,715 barrels of oil equivalent per day from 4,085 boe/d a year earlier, driven by additional crude volumes from the Mateguafa Attic field.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors that its Icaco 1 exploration well in Colombia is now on production after encountering multiple hydrocarbon-bearing intervals, lifting total gross corporate output to around 5,100 barrels of oil equivalent per day. The company said IC-1, on the Tapir Block in the Llanos Basin, was drilled on time and under budget to a total measured depth of 7,800 feet.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors that the Icaco-1 exploration well in Colombia has encountered multiple hydrocarbon-bearing intervals, giving the company another Tapir Block target to move into production testing. The AIM and TSX-V-listed operator said the well was spudded on May 5, and reached target depth four days later.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said its latest Mateguafa appraisal well has moved into production, adding restricted output of 564 barrels of oil per day gross as the company advances its Colombian drilling programme. The Mateguafa HZ12 well, or M-HZ12, was drilled on time and under budget to a total measured depth of 13,824 feet and encountered multiple hydrocarbon-bearing intervals.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors 2025 production rose 13% as drilling in Colombia's Tapir block lifted volumes and offset a US$7.6 million impairment charge that pulled annual profit sharply lower. The AIM and TSX-V-listed oil and gas group reported net income of US$1.4 million for the year to 31 December 2025, compared with US$13.1 million a year earlier.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) the Calgary-based oil producer focused on Colombia, has successfully drilled and brought into production a new well at its Mateguafa Attic field, adding to output at one of its most productive sites. The Mateguafa 11 well, known as M-11, was spud (drilling began) on March 9 and reached its target depth within six days, completing ahead of schedule and under budget.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors that its Mateguafa 11 well is set to add fresh production within weeks after hitting oil-bearing sands in two Carbonera formations. The well was drilled to 11,455 feet measured depth and found 18 feet of net pay in the C7 formation and 30 feet in C9.
American Century Companies Inc. grew its holdings in shares of American Axle and Manufacturing Holdings, Inc. (NYSE: DCH) by 8.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,942,565 shares of the auto parts company's stock after acquiring
American Century Companies Inc. boosted its position in shares of American Axle and Manufacturing Holdings, Inc. (NYSE: DCH) by 8.0% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,942,565 shares of the auto parts company's stock after buying an additional 364,180
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has brought two new wells at its Mateguafa Attic field in Colombia onto production, as the AIM- and TSXV-listed group advances its development and appraisal programme on the Tapir Block in the Llanos Basin. The Mateguafa-10 (M-10) well was drilled to 10,930 feet measured depth and brought online on 24 February in the Carbonera C7 formation, where Arrow reported around 27 feet of net oil pay.
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DETROIT, Feb. 3, 2026 /PRNewswire/ -- Dauch Corporation (Dauch), (NYSE: AXL) today announced it has completed its previously announced acquisition of Dowlais Group plc (Dowlais) and its subsidiaries – GKN Automotive and GKN Powder Metallurgy. "This is a defining and transformational time for both companies," said David C.
Shares of American Axle and Manufacturing Holdings, Inc. (NYSE: AXL - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.
Combination Update: Court Sanction of Scheme of Arrangement and Publication of Prospectus DETROIT, Jan. 30, 2026 /PRNewswire/ -- Dauch (NYSE: AXL) and Dowlais are pleased to announce that the Court has issued the Court Order sanctioning the Scheme. As a result, the Scheme will become effective on delivery of the Court Order to the Registrar of Companies, which is expected to occur after the Scheme Record Time, being 6:00 p.m.