Energean PLC (LSE:ENOG)

£ 10.4 -0.33 (-3.08%) Market Cap: 1.91 Bil Enterprise Value: 3.82 Bil PE Ratio: 12.64 PB Ratio: 3.52 GF Score: 74/100

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January 2023 Energean PLC Trading Statement Call Transcript

Jan 19, 2023 / 08:30AM GMT

Release Date Price: £12.42 (-7.86%)

Transcript

Operator

Good day, and thank you for standing by. Welcome to the Energean Trading Update Conference Call. I would now like to hand the conference over to Matthaios Rigas, CEO. Please go ahead.

Matthaios Rigas

Energean plc - CEO & Director

Good morning, everyone, and a very happy new year. Good morning, everyone. A very happy New Year from me to all of you. Thank you for joining us today in what is a trading update and our guidance for 2022 -- '23, sorry.

Starting with Page 3 of the presentation. I want to highlight the record financial results of the last year with $730 million (sic) [$737 million] of revenues and EBITDAX of $419 million, a fantastic year for us. And I want to remind everyone that we only started with our big flagship projects in 2018. Before that, we were a company that was producing just on Greece. And today, we are on track to become a $2.5 billion revenue generator and a $1.75 billion EBITDAX producer. And these are great numbers that have been achieved with hard work and delivery of all of our promises.

And that's, I think,

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