
24 Jan 2024
Genel Energy (GENL LN) - Full year trading statement
Genel has released its full year 2023 trading statement, reporting that on the back of domestic oil sales and cost cuts it is likely to move into a broadly cash flow neutral situation in the coming months, helping preserve the balance sheet while we wait for pipeline exports to resume.

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Genel Energy (GENL LN) - Full year trading statement
Genel Energy PLC (GENL:LON) | 54.6 0.1 0.2% | Mkt Cap: 152.4m
- Published:
24 Jan 2024 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Genel has released its full year 2023 trading statement, reporting that on the back of domestic oil sales and cost cuts it is likely to move into a broadly cash flow neutral situation in the coming months, helping preserve the balance sheet while we wait for pipeline exports to resume.