BW Offshore Ltd Q4 2024 Earnings Call Transcript - Thomson StreetEvents

BW Offshore Ltd Q4 2024 Earnings Call Transcript

BW Offshore Ltd Q4 2024 Earnings Call Transcript - Thomson StreetEvents
BW Offshore Ltd Q4 2024 Earnings Call Transcript
Published Feb 27, 2025
8 pages (5298 words) — Published Feb 27, 2025
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of BWO.OL earnings conference call or presentation 27-Feb-25 8:00am GMT

  
Brief Excerpt:

...Good morning, and welcome, everyone, to this fourth-quarter 2024 presentation of BW Offshore. My name is Marco Beenen, CEO, and I will present today together with our CFO, Stale Andreassen. We can start with the disclaimer. Please take note, and then I move on to the highlights. 2024 was a year with high uptime, good financial results, and continued strong balance sheet. Our full-year EBITDA of USD318 million is in line with the latest guidance and above the initial expectations set at the start of 2024. Our full-year net profit came in at USD120 million. And this is the basis for increased shareholder return with the Q4 dividend of USD25 million, and that results in a total of USD59 million cash dividend for the full year, and that is 22% higher than last year. That also equals to 50% of our net income, and that's in line with our maximum allowed dividend level under our debt covenants for the second consecutive year. And furthermore, BW Opal, our FPSO for the Barossa project, is on track...

  
Report Type:

Transcript

Source:
Company:
BW Offshore Ltd
Ticker
BWO.OL
Time
8:00am GMT
Format:
PDF Adobe Acrobat
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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 Q2 2023 Earnings Call Transcript – 2023-08-28 – US$ 54.00 – Edited Transcript of BWO.OL earnings conference call or presentation 28-Aug-23 7:00am 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

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Cite this Report

  
MLA:
Thomson StreetEvents. "BW Offshore Ltd Q4 2024 Earnings Call Transcript" Feb 27, 2025. Alacra Store. May 18, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-BW-Offshore-Ltd-Earnings-Call-T16268193>
  
APA:
Thomson StreetEvents. (2025). BW Offshore Ltd Q4 2024 Earnings Call Transcript Feb 27, 2025. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-BW-Offshore-Ltd-Earnings-Call-T16268193>
  
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