Brief: TotalEnergies EP Gabon FY Net Result Turns To Profit Of $33 Mln

TotalEnergies EP Gabon

24/03/2022 17:45

March 24 (Reuters) - TotalEnergies EP Gabon SA  EGAB.PA :
    * FY NET PROFIT $33 MILLION VERSUS LOSS OF $87 MILLION IN
2020
    * THE COMPANY GENERATED OPERATING CASH FLOW OF $339 MILLION
IN
2021, THREE TIMES HIGHER THAN IN 2020
    * IN 2021, AVERAGE PRICE OF BRENT CRUDE OIL $70.9/B, UP 70%
FROM
$41.8/B IN 2020
    * CRUDE OIL PRODUCTION LINKED TO THE TOTALENERGIES EP GABON
HOLDINGS IN 2021 STANDS AT 22.9 THOUSAND BARRELS PER DAY (KB/D)
COMPARED TO 25.6 KB/D IN 2020
    * DISTRIBUTION OF A DIVIDEND OF OF $16.67 PER SHARE
    * OIL INVESTMENTS AMOUNT TO $65 MILLION IN 2021, UP 8%
COMPARED TO
2020

Source text: https://cutt.ly/6SNsDBb
Further company coverage:  EGAB.PA 

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