Brief: BW Offshore Q1 EBITDA At $86 Million

Bw Offshore

24/05/2024 07:09

May 24 (Reuters) - BW Offshore Ltd  BWO.OL :
    * Q1 EBITDA USD 86 MILLION AND OPERATING CASHFLOW OF USD 91
MILLION
    * Q1 CASH DIVIDEND USD 0.06 PER SHARE EQUIVALENT TO USD 11
MILLION
    * FULL-YEAR 2024 EBITDA OUTLOOK MAINTAINED
    * MAINTAINS GUIDANCE OF REPORTING AN EBITDA IN RANGE USD
290-310
MILLION FOR 2024
    * EXPECTS THAT FLEET WILL CONTINUE TO GENERATE SIGNIFICANT
CASH
FLOWS IN TIME AHEAD
    * GROWING ENERGY DEMAND, UNDERINVESTMENT IN PRODUCTION
CAPACITY
AND GEOPOLITICAL CONFLICTS CONTINUE TO SUPPORT HIGH OIL AND GAS
PRICES

Source text for Eikon:  ID:nGNE7TR1YZ 
Further company coverage:  BWO.OL 

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