Energean PLC (LSE:ENOG)
£ 10.12 0.095 (0.97%) Market Cap: 1.86 Bil Enterprise Value: 3.73 Bil PE Ratio: 7.26 PB Ratio: 7.73 GF Score: 71/100

Full Year 2022 Energean PLC Trading Statement Call Transcript

Jan 18, 2022 / 08:30AM GMT
Release Date Price: £9.5 (+3.66%)
Operator

Good day, and thank you for standing by. Welcome to Energean's January Trading Update Conference Call. (Operator Instructions). I must advise you that this conference is being recorded today.

I would now like to hand the conference to your speaker today, Matthaios Rigas, Chief Executive. Please go ahead.

Matthaios Rigas
Energean plc - CEO & Director

Good morning everyone, and thank you for joining our call today. I'm joined by Panos Benos, our CFO; Steve Moore, our Technical Director; Nick Witney, our Commercial Director; and Maria Martin, our Head of Corporate Finance, who will all be available to answer any calls you may have later.

It's a great pleasure to report today a record year for Energean. 2021 has been a fantastic year for us with record financial results, solid performance from our existing assets, assets that primarily we bought from Edison, the performance of our Egyptian Abu Qir field, our Italian portfolio, complemented obviously by the solid gas price that we've seen in Europe, resulted in a 50% increase in revenues and

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