ESENTIA Energy Development reported October 29 that third-quarter adjusted EBITDA increased 1.3% from a year earlier to $86 million, while net income declined 13.1% to $24.5 million.
The Mexican natural-gas transportation and marketing company attributed the profit decline mainly to higher taxes. It reported adjusted revenue of $111.7 million in its unaudited results.
Management said stronger gas-marketing volumes and margins, additional interruptible transportation services and joint-venture contributions supported adjusted EBITDA. That measure excludes specified items and is separate from standard accounting profit.
Net debt relative to trailing annual adjusted EBITDA stood at 3.9 times on September 30, compared with 4.1 times at the end of 2025.
ESENTIA said its Aguascalientes compression station remains on track for mechanical completion in the first quarter of 2027. It also expects to complete the previously announced acquisition of the Guadalajara–Manzanillo pipeline owner during the first half of 2027, subject to approvals and other closing conditions.
Those project dates are forecasts. The company’s network transports gas from Waha, Texas, into central Mexico, linking its expansion plans to cross-border energy flows.
Sources ESENTIA announcement via PR Newswire/StreetInsider: https://www.streetinsider.com/PRNewswire/ESENTIA%2Bincreases%2BAdjusted%2BEBITDA%2Bin%2B3Q26%2C%2Breduces%2Bleverage%2Band%2Badvances%2Bits%2Bgrowth%2Bstrategy/27250833.html