Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript - Thomson StreetEvents

Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript

Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript - Thomson StreetEvents
Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript
Published Feb 28, 2020
8 pages (5930 words) — Published Feb 28, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of BWO.OL earnings conference call or presentation 28-Feb-20 8:00am GMT

  
Brief Excerpt:

...Okay. Welcome. Welcome, everyone. Welcome at the Q4 trading update and the full year 2019 financial results. As usual, I will give a general reflection and operations update, and then Stsle Andreassen, our CFO, will run you through the financials. Note our disclaimer and then the highlights 2019, and this is not coming as a surprise, as you have followed us because 2019 has been a really good year for BW Offshore. We had a record revenue and record EBITDA. We sealed the success of the BW Energy story, our field development strategy with an IPO, and raised the capital that we need for the next development. And we could resume to start to pay dividend in quarter 1. Starting with BWE shares of a value of $100 million, so that was dividend in kind. And we have now the plan to pay dividends, cash dividends starting from quarter 2. Our EBITDA in the quarter was $169 million and the operating cash flow, $135 million. Those were good numbers, a bit in between the Q3 and the Q2 results. We had 2...

  
Report Type:

Transcript

Source:
Company:
BW Offshore Ltd
Ticker
BWO.OL
Time
8:00am GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript" Feb 28, 2020. Alacra Store. May 18, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2019-BW-Offshore-Ltd-Earnings-Presentation-T13060483>
  
APA:
Thomson StreetEvents. (2020). Full Year 2019 BW Offshore Ltd Earnings Presentation Transcript Feb 28, 2020. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2019-BW-Offshore-Ltd-Earnings-Presentation-T13060483>
  
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