
22 Mar 2023
Genel Energy (GENL LN) - Full year 2022 results
Numbers in line with January trading statement. Genel has released its full year results to December 2022. The company released a trading statement in January reporting full year net production of 30.2mbbl/d, CAPEX of US$140m, free cash flow of US$233m, gross cash of US$495m and net cash of US$228m. Today’s report bears these numbers out, meaning there is a limited amount of new news in the statement from a numbers point of view

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Genel Energy (GENL LN) - Full year 2022 results
Genel Energy PLC (GENL:LON) | 53.4 0 0.0% | Mkt Cap: 149.1m
- Published:
22 Mar 2023 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Numbers in line with January trading statement. Genel has released its full year results to December 2022. The company released a trading statement in January reporting full year net production of 30.2mbbl/d, CAPEX of US$140m, free cash flow of US$233m, gross cash of US$495m and net cash of US$228m. Today’s report bears these numbers out, meaning there is a limited amount of new news in the statement from a numbers point of view