Previous Close | 27.75 |
Open | 27.85 |
Bid | 0.00 x N/A |
Ask | 28.00 x N/A |
Day's Range | 27.75 - 27.75 |
52 Week Range | 27.75 - 27.75 |
Volume | |
Avg. Volume | N/A |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Mandatory notifications of trade by primary insiders and close associates With reference is made to the announcement on 26 May 2023 and 06 June 2023, whereby BW Offshore Limited (“BW Offshore”) announced information relating to dividend payments.Please see the attached notifications of trading for information of the transactions concerning primary insiders in BW Energy and their close associates in connection with the dividend distribution. For further information, please contact:Knut R. Sæthre,
FIRST QUARTER 2023 RESULTS HIGHLIGHTS Q1 EBITDA of USD 18.5 million and net loss of USD 5.0 million Q1 gross production of 665,500 barrels with 485,000 million net to BW Energy Completed one lifting of 750,000 barrels (net BWE) at a price of USD ~77 per barrel Maintained strong balance sheet with cash position of USD 166.4 million USD 100 million accordion committed by three additional banks, bringing the total Dussafu RBL facility up to USD 300 million First oil from Hibiscus / Ruche developmen
Annual General Meeting 2023 – Minutes The Annual General Meeting 2023 of BW Energy Limited was held today. Please see the attached document for the minutes of the meeting. With reference to AGM 2023 minutes, BW Energy is pleased to announce a new board member, Ms. Ana Zambelli. Ms. Zambelli joins us from her previous role as Managing Director of Brookfield Private Equity Inc, responsible for business operations in Brazil. She has more than 23 years of international experience in the oil and gas
Invitation to Q1 2023 Presentation 24 May BW Energy will release its first quarter 2023 results on Wednesday 24 May at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Knut R. Sæthre and COO Lin G. Espey the same day at 14:00 CEST. You can follow the presentation via webcast with supporting slides, available on: BW Energy webcast For further information, please contact: Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76 ir@bwenergy.no About BW Energy: BW Energy
Q1 2023 trading and financial update BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the first quarter of 2023 on Wednesday, 24 May 2023. Gross production from the Tortue field averaged approximately 7,300 barrels of oil per day in the first quarter of 2023, amounting to a total gross production of approximately 660,500 barrels of oil for the period. Production was impacted by planned annua
2023 Annual General Meeting – Notice Notice is hereby given that the 2023 Annual General Meeting of the Members of BW Energy Limited (the “Company”) will be held at 18 Rebecca Road, Southampton, SN04, Bermuda, on 22 May 2023 at 2:00 p.m. (Bermuda time) Please see the attached documents in relation to the Annual General Meeting: Notice of the 2023 AGMForm of ProxyChairman’s LetterRecommendation from the Nomination Committee For further information, please contact: Knut R. Sæthre, CFO, +47 91 11 7
First oil from Hibiscus / Ruche development BW Energy is pleased to announce that first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon has been safely achieved. Production performance from the first well has been in line with expectations and is currently stabilised at approximately 6,000 barrels per day. "We delivered first oil from Hibiscus / Ruche on schedule with an excellent HSE performance. This represents the first of several steps on a path for su
Drilling operations completed on first Hibiscus production well BW Energy has completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu licence offshore Gabon. Responsibility for the DHIBM-3H well has been handed over to the production team which will finalise preparations for production start-up. First oil from the well is expected in early April. Commissioning and start-up of the new gas lift comp
Notification of trade With reference to BW Offshore's stock exchange release dated 30 March 2023, please observe the following. BW Offshore has entered into a Total Return Swap ("TRS") agreement with financial exposure to 353 425 shares in BW Energy Limited ("BWE"). The TRS agreement relates to BW Offshore's Long-Term Incentive Programme (LTIP) adopted in 2019. Expiry date for the TRS agreement is 5 April 2024, and the TRS price is NOK 27.92 per share. Please see BW Offshore's stock exchange rel
Golfinho transactions proceeds towards closing With reference to the stock exchange announcement published on 2 March 2023, BW Energy has today been informed that the work related to the Golfinho transactions can be restarted. BW Energy will now continue to prepare for the closing of its acquisition of a 100% operated working interest (WI) in the Golfinho and Camarupim Clusters and 65% WI in the BM-ES-23 block from Petrobras, as well as taking over the FPSO Cidade de Vitoria from Saipem. This pr
Notification of Major Holdings Reference is made to the announcement 10 March 2023, whereby BW Offshore Limited (“BW Offshore”) announced the distribution of 1,697,868 BW Energy Limited shares as in-kind dividend to eligible BW Offshore shareholders. Subsequent to the distribution 10 March 2023, BW Offshore will retain 63,874,565 shares, which constitute 24.76% of the total issued capital and voting rights in BW Energy Limited through direct ownership, downwards crossing the 25% shareholding thr
Golfinho transactions impacted by temporary suspension of Petrobras divestment program BW Energy has been informed by Petrobras of a review of the Golfinho and Camarupim Clusters transactions as part of a wider analysis of Petrobras’ ongoing divestment program initiated by the Ministry of Mines and Energy (MME) in Brazil. MME has requested a suspension of ongoing sales of assets for 90 days without putting Petrobras’ interests at risk, according to a Petrobras filing with the U.S. Securities and
FOURTH QUARTER AND FULL YEAR RESULTS 2022 HIGHLIGHTS Q4 EBITDA of USD 21.8 million and net loss of USD 8.0 millionQ4 gross production of 883,000 barrels with 649,000 million net to BW EnergyCompleted one lifting of 680,000 barrels (net BWE) at a price of USD ~73 per barrelMaintained a strong balance sheet with cash position of USD 210.8 millionHibiscus / Ruche development on track for first oil in late Q1 2023 following start of drilling operations and completion of subsea activities in early Ja
Invitation to Q4 2022 Presentation 28 February BW Energy will release its fourth quarter 2022 results on Tuesday 28 February at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Knut R. Sæthre and COO Lin G. Espey the same day at 09:00 CET. Conference call information: Register for call-in here: BW Energy Q4 call-in registration You can follow the presentation via webcast with supporting slides, available on: BW Energy Q4 Presentation – webcast registration F
Q4 2022 trading and financial update BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the fourth quarter and the annual report for 2022 on Tuesday, 28 February 2022. Gross production from the Tortue field averaged approximately 9,600 barrels of oil per day in the fourth quarter of 2022, amounting to a total gross production of approximately 883,000 barrels of oil for the period. Production w
First Hibiscus production well spudded BW Energy is pleased to announce the start of drilling of the first production well on the Hibiscus / Ruche Phase 1 development in the Dussafu Block offshore Gabon. Drilling operations commenced on schedule in the first week of January and in line with the target of producing first oil in March 2023. The Borr Norve jackup arrived on location in late December and immediately started preparations for the drilling campaign. The first production well, DHIBM-3H,
Mandatory notifications of trade by primary insiders and close associates Reference is made to the announcement on 18 November 2022 and 30 November 2022, whereby BW Offshore Limited (“BW Offshore”) announced information relating to dividend payments.Please see the attached notifications of trading for information of the transactions concerning primary insiders in BW Energy and their close associates in connection with the dividend distribution. For further information, please contact:Knut R. Sæt
THIRD QUARTER 2022 RESULTS HIGHLIGHTS Q3 EBITDA of USD 61.5 million and net profit of USD 33.8 millionQ3 gross production of ~960,000 barrels with ~700,000 net to the CompanyCompleted one lifting with ~682,000 barrels sold (net BWE) at a price of USD ~101 per barrelHibiscus / Ruche development on track for first oil in late Q1 2023Progressing towards closing of Golfinho in Q1 2023, approved as deep-water class A operator by ANPMaintained a strong balance sheet with a cash position of USD 186 mil
Invitation to Q3 2022 Presentation 17 November BW Energy will release its third quarter 2022 results on Thursday 17 November at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Knut R. Sæthre and COO Lin G. Espey the same day at 14:00 CET. Register for call-in here: https://event.loopup.com/SelfRegistration/registration.aspx?booking=X0gz34lmgpKnp0w5Uvi5LC3aIjEbzi73koGtRczdcCI=&b=2389e96d-457b-46a8-bebb-fec356d5b031 You can follow the presentation via webcast
Q3 2022 trading and financial update BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the third quarter of 2022 on Thursday, 17 November. Gross production from the Tortue field averaged approximately 10,400 barrels of oil per day in the third quarter of 2022, amounting to a total gross production of approximately 960,000 barrels of oil for the period in line with expectations. BW Energy comp
SECOND QUARTER AND FIRST-HALF 2022 RESULTS HIGHLIGHTS SECOND QUARTER AND FIRST HALF EBITDA of USD 5.5 million for Q2 2022 and USD 71 million for H1 2022H1 2022 gross production of 2.0 million barrels with 1.5 million barrels net to the CompanyStrong operating cash flow of USD 84.9 million and cash position of USD 123 million at 30 JuneDecision to proceed with Maromba development and agreement to purchase FPSO PolvoHibiscus / Ruche development on track for first oil in Q1 2023 with the production
BW MaBoMo commenced transit to Gabon BW Energy is pleased to announce the sail away of the BW MaBoMo (formerly Hibiscus Alpha) offshore production facility. The production facility is currently onboard a heavy-lift vessel in transit to the Dussafu license offshore Gabon where it will be installed to produce oil from the Hibiscus and Ruche fields. The BW MaBoMo is expected to arrive on the field at the end of September for installation and hook-up with first oil planned late in the first quarter
Invitation to Q2 2022 Presentation 25 August BW Energy will release its half-year 2022 results on Thursday 25 August at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Knut R. Sæthre and COO Lin G. Espey the same day at 14:00 CEST. Conference call information: To dial in to the conference call where the quarterly results and Q&A will be hosted, please dial in to one of the following numbers: Norway: +47 5798 9430 United States: +1 (646) 307-1963 Singapore:
Signs Inaugural Reserve Based Lending Facility of up to USD 300 million BW Energy is pleased to announce the signing of an up to USD 300 million international Reserve Based Lending (RBL) facility. The funds will initially be used to finance the further development of the Dussafu license offshore Gabon. The facility has an initial commitment of USD 200 million which can be expanded up to an additional USD 100 million. The secured long-term debt facility has been provided by a syndicate of five in
Q2 2022 trading and financial update BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the second quarter and first half of 2022 on Thursday, 25 August. Gross production from the Tortue field averaged approximately 10,700 barrels of oil per day in the second quarter of 2022, amounting to a total gross production of approximately 975,000 barrels of oil for the period and in line with expectati