Picture of Societatea Nationala de Gaze Naturale Romgaz SA logo

SNGR Societatea Nationala de Gaze Naturale Romgaz SA News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeLarge CapSuper Stock

REG - S.N.G.N. Romgaz S.A. - 2023 Preliminary Key Operational Results

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240130:nRSd3489Ba&default-theme=true

RNS Number : 3489B  S.N.G.N. Romgaz S.A.  30 January 2024

Report on 2023 Preliminary Key Operational Results

 

Report date: 30.01.2024

Company name: S.N.G.N. ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BVB), London Stock Exchange (LSE)

 

This report provides preliminary information on important operational
indicators of Romgaz Group for the year 2023. The information on this report
may undergo changes and may differ from those that will be published in the
2023 report. The 2023 preliminary consolidated financial results will be
published on February 28, 2024.

 

Operational results

 Q4 2022  Q3 2023  Q4 2023P  ΔQ4 2023P* (%)   Main Indicators                                    2022     2023P    Δ2023P (%)
 8.07     7.32     8.24      2.10             Total hydrocarbon production (mln boe), of which:  31.90    30.97    -2.92
 8.03     7.28     8.19      2.01             Gross gas production (mln boe)                     31.73    30.78    -2.99
 1,248.5  1,131.7  1,273.5   2.01             Gross gas production (mln cm)                      4,935.9  4,788.5  -2.99
 0.043    0.046    0.052     18.94            Condensate production (mln boe)                    0.173    0.188    8.80
 5,240    5,544    6,232     18.94            Condensate production (tons)                       20,878   22,715   8.80
 1,218.6  1,032.0  1,142.9   -6.21%           Gas sold from domestic production (mln cm)**       4,741.3  4,524.6  -4.57%
 271.0    143.9    321.1     18.50            Electricity production (GWh)                       1,110.5  962.6    -13.32
 620.1    2.3      583.1     -5.97            Invoiced UGS withdrawal services (mln cm)          1,722.5  1,742.7  1.17
 483.3    840.7    205.1     -57.56           Invoiced UGS injection services (mln cm)           2,450.2  1,905.5  -22.23

     P - preliminary
       1 tone = 8.276 boe

     *  Q4 2023P vs Q4 2022                  1 bcm = 6.428571
mln boe

     ** including gas purchased from domestic production

 

Chief Executive Officer,

Răzvan POPESCU

 

 

******************

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report includes forward-looking statements, which include, without
limitation, any statements preceded by, followed by or that include the words
"may", "will", "would", "should", "expect", "intend", "estimate", "forecast",
"anticipate", "project", "believe", "seek", "plan", "predict", "continue",
"commit", "undertaking" and similar expressions or their negatives. Such
forward-looking statements involve known and unknown risks, uncertainties and
other important factors beyond the Group's control that could cause its actual
results, performance or achievements to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding
the Group's present and future business strategies and the environment in
which the Group will operate in the future and should not be taken as
promises.

Reviewing forward-looking statements should carefully consider the foregoing
remarks and other uncertainties and events, especially in light of the
political, economic, social and legal environment in which the Group operates.
Forward-looking statements contained in this report are valid only as at the
date of this report. The Group expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Group's expectations
with regard thereto or any change in events, conditions or circumstances on
which any of such statements are based unless required to do so by any
applicable regulatory regime.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTBMMFTMTJJMBI

Recent news on Societatea Nationala de Gaze Naturale Romgaz SA

See all news