Pure Cycle Corporation is rated 'Buy', as operational momentum returns from oil & gas and housing tailwinds. PCYO's revised strategy prioritizes land acquisition and rental housing, accelerating monetization of its water portfolio, and recurring revenues. Improved oil & gas drilling activity and declining mortgage rates are set to boost both water usage and housing demand in Sky Ranch.
DENVER, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ Capital Market: PCYO) (“Pure Cycle”, “we”, “us” or “our”) announced that a new independent director, Daniel J. Roller, was appointed to its Board of Directors (the “Board”), effective January 14, 2026, expanding the Board from 7 to 8 directors. This appointment, made in cooperation with Maran Capital Management, LLC (“Maran”), which beneficially owns approximately 14.7% of Pure Cycle's common shares, further strengthens the Board and adds new skillsets and capabilities. In connection with this appointment, the Board will form a Strategy and Capital Allocation Committee, to be chaired by Mr. Roller.
Pure Cycle Corporation (PCYO) Q1 2026 Earnings Call Transcript
DENVER, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ Capital Market: PCYO) (“Pure Cycle”, “we”, “us” or “our”) announced its financial results for the three months ended November 30, 2025. Pure Cycle reported $4.5 million of net income for the three months ended November 30, 2025, which is a 16% increase in net income from the same period in 2024 and marks the twenty-sixth consecutive fiscal quarter with positive net income. Pure Cycle reported $0.19 of earnings per fully diluted common share, which is up from $0.16 in the same period in 2024, a 19% increase. Pure Cycle continues to see demand for entry level lots at our Sky Ranch Master Planned Community despite national headwinds in homebuilding. By partnering with our national home builders, we deliver finished lots on an annual cadence that allows for steady absorption while navigating cyclical housing industry trends.
Pure Cycle Corporation (NASDAQ: PCYO - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $10.80 and traded as low as $10.77. Pure Cycle shares last traded at $10.82, with a volume of 37,907 shares traded. Analyst Ratings
Pure Cycle Corporation ( PCYO ) Q4 2025 Earnings Call November 13, 2025 8:30 AM EST Company Participants Marc Spezialy - VP, CFO & Principal Accounting Officer Mark Harding - President, CEO, Principal Executive Officer & Director Conference Call Participants Greg Vennett Presentation Marc Spezialy VP, CFO & Principal Accounting Officer Okay. Good morning, everyone, and welcome to Pure Cycle's Year End Investor Presentation.
DENVER, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ Capital Market: PCYO) announced its financial results for the year ended August 31, 2025. Pure Cycle reported $13.1 million of net income for the year ended August 31, 2025, which is a 13% increase in net income from 2024 and marks our eighth consecutive year and twenty-fifth consecutive fiscal quarter with positive net income. Pure Cycle reported $0.54 of earnings per fully diluted common share, which is up from $0.48 in 2024, a 12.5% increase. Pure Cycle continues to see demand for entry level lots at our Sky Ranch Master Planned Community. By partnering with our national homebuilders, we deliver finished lots on an annual cadence that allows for steady absorption while navigating ongoing housing industry headwinds. In the fourth quarter we completed the delivery of finished lots in Phase 2C, and our national homebuilder partners have already begun construction. Additionally, we are finishing the utility work and moving into road work in Phase 2D. We expect to complete Phase 2D in fiscal 2026. Pure Cycle continues to diversify our land development segment by partnering with two national homebuilders in Phase 2D who are new to the Sky Ranch Community. Finally, we have started platting our next 148 lots in Phase 2E. We expect to have lots in Phase 2E completed in fiscal 2027 but will pace construction to match builder absorptions. Pure Cycle continues to drive income from our resource rich asset base and in the year ended August 31, 2025, we reported an increase in our royalty income from our oil and gas mineral interest by 738%, as six wells were completed at Sky Ranch in 2024 that began producing during this fiscal year.
DENVER, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ: PCYO) will release financial results for the year ended August 31, 2025, on Wednesday, November 12, 2025, and hold an earnings presentation on Thursday, November 13, 2025, to discuss the results. For an interactive experience, including the ability to ask questions and view the slide presentation, please register and join the event via the link below. See below for event details.
Pure Cycle Corporation (NASDAQ:PCYO ) Q3 2025 Earnings Conference Call July 10, 2025 8:30 AM ET Company Participants Marc Stephen Spezialy - VP, CFO & Principal Accounting Officer Mark W. Harding - President, CEO, Principal Executive Officer & Director Conference Call Participants Elliot Knight - Unidentified Company Marc Stephen Spezialy Good morning, everybody, and welcome to Pure Cycle Corporation's third quarter earnings call.
DENVER, CO / ACCESS Newswire / July 9, 2025 / Pure Cycle Corporation (NASDAQ Capital Market:PCYO) announced its financial results for the three and nine months ended May 31, 2025. Pure Cycle reported $2.3M of net income for the three months ended May 31, 2025, which marks our twenty-fourth consecutive fiscal quarter with positive net income.
DENVER, CO / ACCESS Newswire / June 30, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) will release financial results for the three and nine months ended May 31, 2025, on Wednesday, July 9, 2025, and hold an earnings presentation on Thursday, July 10, 2025, to discuss the results. For an interactive experience, including the ability to ask questions and view the slide presentation, please register and join the event via the link below.
DENVER, CO / ACCESS Newswire / June 27, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) is pleased to announce it will be hosting its annual Investor Day on Wednesday, July 16, 2025. The in-person event will take place from 10:00 a.m.
Pure Cycle has evolved from a water utility to a land developer, leveraging valuable water assets and the Sky Ranch master-planned community for long-term growth. Sky Ranch's expansion offers strong potential, but the company faces slow development timelines and volatile oil and gas revenue streams, adding execution and timing risks. Free cash flow analysis shows Pure Cycle is fairly valued at current prices, with limited near-term upside unless oil and gas receipts rebound significantly.
Pure Cycle Corporation (NASDAQ:PCYO ) Q2 2025 Earnings Conference Call April 10, 2025 8:30 AM ET Company Participants Mark Harding - President, Chief Executive Officer, and Director Marc Spezialy - Chief Financial Officer Dan Kozlowski - Director Cyrena Finnegan - Controller Conference Call Participants Bill Miller - Private Investor Elliot Knight - Knight Advisors Geoffrey Scott - Scott Asset Management Greg Vennett - Private Investor Operator Good morning. I'd like to welcome you all to our Second Quarter Fiscal Year 2025 Earnings Call.
DENVER, CO / ACCESS Newswire / April 9, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) announced its financial results for the three and six months ended February 28, 2025. Pure Cycle posted its twenty-third consecutive fiscal quarter with positive net income.
DENVER, CA / ACCESS Newswire / March 31, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) will release financial results for the three and six months ended February 28, 2025, on Wednesday, April 9, 2025, and hold an earnings presentation on Thursday, April 10, 2025, to discuss the results. For an interactive experience, including the ability to ask questions and view the slide presentation, please register and join the event via the link below.
Pure Cycle stock has been stagnant since 2018 despite various revenue streams from the Sky Ranch development and the oil & gas industry. The company's high-value assets provide a margin of safety. Future growth hinges on commercial development at Sky Ranch promising substantial tap fees ($81 million) and land sales ($421 million).
Pure Cycle Corporation (NASDAQ:PCYO ) Q1 2025 Earnings Call Transcript January 9, 2025 8:30 AM ET Company Participants Mark Harding - President, CEO, and Director Marc Spezialy - CFO Dan Kozlowski - Director Mark Harding Good morning. I'd like to welcome you all to Pure Cycle Corporation's earnings presentation for the three months ended November 30th, 2024.
DENVER, CO / ACCESSWIRE / January 8, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) announced its financial results for the three months ended November 30, 2024. Pure Cycle reported $3.9 million of net income for the three months ended November 30, 2024, which is a 91% increase compared to 2023, and marks our twenty-second consecutive fiscal quarter with positive net income.
DENVER, CO / ACCESSWIRE / January 6, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) wishes to express our sincere condolences to the Carter Family in the passing of President Carter and acknowledge the day of mourning on January 9th. While we understand the markets will be closed, we will be holding our previously scheduled earnings presentation on Thursday, January 9, 2025, to discuss the results for the three months ended November 30, 2024.