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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Full Year 2023 Energean PLC Earnings Call Transcript

Mar 21, 2024 / 08:30AM GMT

Release Date Price: £10.54 (+2.43%)

Transcript

Operator

Hello, and welcome to the Energean and full-year results call. My name is Safkya, and I will be your coordinator for today's event. Please note this call is being recorded. (Operator Instructions) I will now hand you over to your host Mathios Rigas, CEO to begin today's conference. Please go ahead.

Mathios Rigas

Energean plc - CEO

Thank you, and thank you, everyone, for joining our call today. Thank you for being with us. I would like to start today with the key highlights of what we've seen over 2023, and then we'll go into the following year outlook '23 for us was a fantastic year. I would call it a transformational year, where we've seen production grow by over 20 -- 200% year on year to reach approximately 150,000 barrels of oil a day. And it's fantastic to see the company continue to grow, to bring new projects on stream, to bring NEA/NI on stream in Egypt, to further stabilize our production in the region.

We are operating obviously in a very challenging geopolitical environment. But all of our operations have worked without any impact. We've

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