AleAnna shares closed at $2.1 ahead of third-quarter results
Key Facts
AleAnna shares, listed under the ticker ANNA, closed at $2.1 on November 11, 2026, the day before the third-quarter results were published. The close put the stock at its level in the session before the announcement, according to EL7 data. The move was not a reaction to the results, however, as the close came before their release. In the second quarter of 2026, the company reported net income of $3.8 million and adjusted earnings before interest, taxes, depreciation and amortization of $4.1 million. Those results provide prior-period financial context for the company’s performance, but do not establish third-quarter figures.
Second-quarter results improved from the same period in 2025: net income rose from about $0.6 million to $3.8 million, while adjusted earnings before interest, taxes, depreciation and amortization increased from $0.8 million to $4.1 million. The company published the figures through GlobeNewswire. The comparison reflects second-quarter performance year over year; it does not measure the change between the second and third quarters. The operating earnings figure is adjusted, while the $3.8 million figure is net income. These results remain background on the prior period, not a substitute for third-quarter figures.
AleAnna’s revenue in the second quarter of 2026 was $10,215,119, compared with $4,030,410 in the second quarter of 2025, an annual increase of 153%. The figures appear in the company’s quarterly report filed with the U.S. Securities and Exchange Commission. The comparison shows revenue growth between corresponding quarters in consecutive years. It does not provide a measure of third-quarter revenue or a direct comparison between the second and third quarters of 2026. The report also gives the company’s explanation for first-half revenue growth, linking it to production at the Longanesi field.
The company attributed first-half 2026 revenue growth mainly to a full period of production from five wells at the Longanesi field. The field recorded its first production in March 2025, according to the company’s filing with the U.S. Securities and Exchange Commission. This means the contribution from the five wells was reflected throughout the current period, according to the company’s explanation. The context links first-half revenue growth to a larger contribution from production, without providing a separate figure for gas volumes or realized prices. The explanation also does not by itself quantify the field’s contribution to revenue in any particular quarter.
As part of Longanesi’s development, the company said construction of the permanent production facility continued during the first half of 2026. It described the move from temporary production facilities to permanent infrastructure as a major milestone. The company said the step is expected to support the field’s long-term development. This follows the start of first production in March 2025, while five wells contributed a full period of production during parts of the first half of 2026. The company did not specify a completion date for the permanent facility.
AleAnna also began construction activities on the Gradizza field development project in the second quarter of 2026, according to an announcement through GlobeNewswire. The company said the project is expected to become its first wholly owned and operated producing asset. The work places the project among the development plans the company announced during the same period it continued construction of Longanesi’s permanent facility. The announcement gave no date for Gradizza to begin production and no expected production figure. The stated step, therefore, is the start of construction activities, while the production impact relates to a later stage that the announcement did not specify.