Feb 5 (Reuters) - Dno ASA DNO.OL:
DNO FY FREE CASH FLOW USD -37.4 MILLION
DNO FY NET INCOME USD -25.2 MILLION
DNO FY REVENUE USD 1,474 MILLION VERSUS. IBES ESTIMATE USD 1,592 MILLION
DNO FY EBIT USD 512.8 MILLION
NET PRODUCTION IN 2025 ROSE 43 PERCENT YEAR-ON-YEAR TO 110,700 BARRELS OF OIL EQUIVALENT PER DAY
AUTHORIZED A DIVIDEND OF NOK 0.375 PER SHARE PAYABLE IN FEBRUARY, MAINTAINING QUARTERLY DISTRIBUTION AT SAME LEVEL AS LAST QUARTER.
PLANNED OPERATIONAL SPEND ON EXISTING PORTFOLIO WILL BE $1,650 MILLION IN 2026, UP FROM $1,550 MILLION IN 2025
PROJECTS 2026 NET PRODUCTION TO CLIMB 10 PERCENT FROM 136,000 BOEPD TO 150,000 BOEPD IN 2026
CONTINUES TO SELL OIL ON CASH-AND-CARRY BASIS UNDER EXISTING CONTRACTS WITH LOCAL BUYERS AT PRICE IN LOW $30S
AIMS TO ACCESS EXPORT MARKETS OR EXPORT PRICES LATER IN YEAR
Q4 NET PRODUCTION OF 88,300 BOEPD IN NORTH SEA AND 58,000 BOEPD IN KURDISTAN
Source text: ID:nGNEb4nFj5
Further company coverage: DNO.OL
(Gdansk Newsroom)
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