BW Offshore Ltd Q2 2023 Earnings Call Transcript - Thomson StreetEvents

BW Offshore Ltd Q2 2023 Earnings Call Transcript

BW Offshore Ltd Q2 2023 Earnings Call Transcript - Thomson StreetEvents
BW Offshore Ltd Q2 2023 Earnings Call Transcript
Published Aug 28, 2023
8 pages (5291 words) — Published Aug 28, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of BWO.OL earnings conference call or presentation 28-Aug-23 7:00am GMT

  
Brief Excerpt:

...Okay. Good morning, everyone. Welcome to BW Offshore's Second Quarter 2023 Update. We're presenting today from our office in Karenslyst Alle. I will run you as usual through the general update and outlook. And I have here Stale Andreassen, our CFO, who will run you through the financials. Moving to the highlights, but please note our disclaimer. Barossa is still on a very good track towards first gas in the first half of 2025. Progress is now 73% complete. We also continue with our divestments of our noncore fleet, and we completed as far Sendje Berge for proceeds of $35 million in the quarter. And we also continue with $11 million of quarterly dividend, which is a mix between cash and payments in BW Energy shares. Other highlights, Stale will elaborate on. But quickly, the EBITDA came in at $61 million. We have an operating cash flow of $84 million, which includes Barossa prepayments and then we completed a refinancing of the revolving credit facility as well as a $200 million facility...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
BW Offshore Ltd
Ticker
BWO.OL
Time
7:00am GMT
Format:
PDF Adobe Acrobat
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BW Offshore Ltd Q4 2024 Earnings Call Transcript – 2025-02-27 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 27-Feb-25 8:00am GMT

BW Offshore Ltd Q3 2024 Earnings Call(Q&A) Transcript – 2024-11-15 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 15-Nov-24 1:00pm GMT

BW Offshore Ltd Q2 2024 Earnings Call Transcript – 2024-08-30 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 30-Aug-24 7:00am GMT

BW Offshore Ltd Q3 2023 Earnings Call Transcript – 2023-11-16 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 16-Nov-23 1:00pm GMT

BW Offshore Ltd Q1 2023 Earnings Call Transcript – 2023-05-24 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 24-May-23 12:00pm GMT

BW Offshore Ltd Q4 2022 Earnings Call Transcript – 2023-02-28 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 28-Feb-23 8:00am GMT

BW Offshore Ltd Q3 2022 Earnings Call Transcript – 2022-11-18 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 18-Nov-22 8:00am GMT

Half Year 2022 BW Offshore Ltd Earnings Call Transcript – 2022-08-29 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 29-Aug-22 7:00am GMT

BW Offshore Ltd Q1 2022 Earnings Call Transcript – 2022-05-27 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 27-May-22 7:00am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "BW Offshore Ltd Q2 2023 Earnings Call Transcript" Aug 28, 2023. Alacra Store. May 18, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-BW-Offshore-Ltd-Earnings-Call-T15709212>
  
APA:
Thomson StreetEvents. (2023). BW Offshore Ltd Q2 2023 Earnings Call Transcript Aug 28, 2023. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-BW-Offshore-Ltd-Earnings-Call-T15709212>
  
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