Brief: BW Energy Reports Q1 EBITDA Of $111.3 Million

BW Energy

20/05/2026 06:22

May 20 (Reuters) - BW Energy Ltd BWE.OL:

Q1 NET INCOME $32.6 MILLION

Q1 EBITDA $111.3 MILLION VERSUS ESTIMATE $123.8 MILLION

Q1 2026 NET PRODUCTION OF 25.2 (25.2) KBOPD, EQUAL TO 2.3 (2.3) MILLION BARRELS (MMBBLS)

2026 GUIDANCE UPDATED: PRODUCTION: 24-27 KBOPD (8.8-9.9 MMBOE)

2026 GUIDANCE UPDATED: PRODUCTION COST: $22-26 PER BARREL

2026 GUIDANCE UPDATED: CAPEX: $600-650 MILLION

BW ENERGY IS ON TRACK TO INCREASE NET PRODUCTION TO OVER 100,000 BARRELS PER DAY IN 2028

Source text: ID:nMFN45TP5R

Further company coverage: BWE.OL

 (Gdansk Newsroom)

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