AleAnna (ANNA) posted fourth-quarter revenue of $9.1 million, a 1,080% increase from $771,702 in the same period a year ago. The company said $8.5 million of that came from its share of production at the Longanesi onshore gas field in northern Italy.
AleAnna, Inc., ANNA
ANNA rose nearly 3% in after-hours trading following the release of those results.
The Longanesi field began daily production in the second quarter of 2025, with the ramp-up coming in ahead of schedule on both timing and volume. All five wells at the site contributed to output.
Production at the field has since stabilized at roughly 25–30 million cubic feet per day (MMcf/d). That’s slightly above the company’s budgeted maximum production rate for 2025.
AleAnna holds a 33.5% working interest in Longanesi. The field is the primary driver of the company’s current revenue.
The earnings results landed against a backdrop of rising oil prices. Brent crude futures were sitting at $111.88 a barrel and West Texas Intermediate at $102.04 as of late Monday.
Prices climbed after President Trump threatened further escalation against Iran, including potential targeting of oil facilities, electricity plants, and desalination infrastructure.
Trump later indicated he was willing to end the campaign, even as the Strait of Hormuz remained largely closed. That introduced some uncertainty around how long the price tailwind might last.
Wall Street Zen upgraded ANNA to a “hold” rating. Weiss Ratings maintained a “sell (e+)” rating, and the stock’s average analyst rating remains “Sell.”
ANNA opened at $4.99 on Friday, with a market cap of $332.58 million. The stock trades with a P/E ratio of 124.78 and a beta of -1.19.
Its 52-week range runs from $2.31 to $18.30, reflecting how much ground the stock has covered in either direction.
Major shareholder C John Wilder sold 82,260 shares on March 6 at an average price of $4.17, totaling $343,024. He retained over 30 million shares following the transaction.
Over the past 90 days, insiders sold a combined 325,784 shares valued at approximately $1.22 million. Company insiders still own 42.90% of outstanding stock.
On the institutional side, Goldman Sachs acquired a new stake in ANNA during Q1. Carlson Capital raised its position by 7%, adding 6,000 shares. Institutional investors now hold 38.10% of the stock.
The company’s 50-day moving average stands at $4.40, and the 200-day moving average is $3.66.
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