ordres du jour, comptes rendus, questions d’actionnaires

La seule qui repose sur la présence effective à TOUS les rendez-vous des sociétés cotées : assemblées générales annuelles et extraordinaires, présentations de résultats semestriels et annuels, investor days

La veille de l'HebdodesAG

La seule veille qui repose sur la présence effective à TOUS les rendez-vous de 700 sociétés cotées en France et à l'étranger : assemblées générales annuelles et extraordinaires, présentations de résultats semestriels et annuels, investor days

MAUREL & PROM, 04/08/2023

Maurel & Prom’s first half of 2023 results reflect increased production and financial performance in line with crude oil price changes. The company saw a 9% and 5% rise in working interest production compared to the first and second halves of 2022, respectively. Sales reached $299 million, down 16% due to a significant drop (29%) in the average oil sale price. Despite an inflationary environment, cost discipline was maintained, resulting in limited opex & G&A increase. EBITDA was $164 million, net income reached $53 million, and net current income (excluding non-recurring items) stood at $70 million. Net debt decreased, with cash flow from operating activities at $87 million and free cash flow at $38 million. Net debt as of June 30, 2023, was $178 million, down $21 million from the previous half-year. Maurel & Prom is pursuing growth and shareholder value, with advanced discussions for the acquisition of Assala Energy and ongoing talks with Tanzanian authorities for Wentworth Resources’ acquisition approval. A dividend of €0.23 per share ($49 million total) was paid to shareholders post half-year closing in July 2023.

Date de publication :04/08/2023

Numéro en cours

Numéro précédents