View ValuationBW Energy 향후 성장Future 기준 점검 6/6BW Energy (는) 각각 연간 82% 및 31% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 82% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 31% 로 예상됩니다.핵심 정보82.0%이익 성장률81.97%EPS 성장률Oil and Gas 이익 성장0.7%매출 성장률31.0%향후 자기자본이익률30.95%애널리스트 커버리지Low마지막 업데이트31 Jul 2026최근 향후 성장 업데이트공고 • Jan 31BW Energy Limited Provides Production Guidance for 2025BW Energy Limited provided production guidance for 2025. Production guidance for 2025 is between 11 and 12 mmbbls net to BW Energy.공고 • Aug 29BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. Total production net to BW Energy from Gabon and Brazil for 2024 is projected to be between 10 and 11 million barrels, based on the current Hibiscus /Ruche development plan and ESP work-over schedule.공고 • May 25BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. For the year, the company expects net production of 10 million barrels to 12 million barrels.공고 • Apr 30BW Energy Limited Provides Earnings Guidance for the First Quarter of 2024BW Energy Limited announced that the company expects to recognise a net loss of USD 3.3 million in the first quarter related to the hedging program, of which USD 3.8 million is unrealised.모든 업데이트 보기Recent updatesReported Earnings • Jul 31Second quarter 2026 earnings released: EPS: US$0.17 (vs US$0.10 in 2Q 2025)Second quarter 2026 results: EPS: US$0.17 (up from US$0.10 in 2Q 2025). Revenue: US$296.3m (up 62% from 2Q 2025). Net income: US$43.9m (up 64% from 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Revenue is forecast to grow 32% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year.New Risk • May 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). High level of non-cash earnings (28% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).Reported Earnings • May 21First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: US$0.13. Revenue: US$172.7m (down 39% from 1Q 2025). Net income: US$32.6m (down 61% from 1Q 2025). Profit margin: 19% (down from 29% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in Europe.Reported Earnings • Feb 06Full year 2025 earnings releasedFull year 2025 results: Revenue: US$797.9m (up 1.8% from FY 2024). Net income: US$133.1m (down 20% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Oil and Gas industry in Europe.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr44.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 82% over the past three years.공고 • Nov 20BW Energy Provides Second Update on Kudu Appraisal WellBW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia. The well reached a total depth of 5,100m and intersected multiple reservoir intervals. The well will now be plugged, and abandoned in line with the planned program. Several shallow turbidite reservoirs with dry-gas shows were encountered, and reservoir properties from these and the acquired whole core are now being evaluated. In the deeper section of the well, hydrocarbons were encountered in a fractured volcaniclastic reservoir. This confirms a working petroleum system with condensate and/or light oil. Further analysis is ongoing to determine the extent of the system and to characterise reservoir properties and appraisal options.공고 • Nov 01BW Energy Announces Update on Kudu Appraisal WellBW Energy provided an update on the Kharas-1 appraisal well, which has reached total depth and drilled multiple formation present across the Kudu license. The well was strategically designed to intersect several targets within a single borehole. While this approach did not allow for individual optimisation of each formation, it provided valuable geological data across the broader petroleum system. Preliminary results are encouraging. Several intervals show indications of hydrocarbon presence and reservoir potential, suggesting a working petroleum system at Kharas. Early analysis indicates that the K1 interval may contain hydrocarbons wetter than dry gas. A hydrocarbon migration front has been observed, and wireline operations are underway to assess reservoir quality, fluid type, and pressure characteristics. A follow-up appraisal campaign will be required to evaluate the individual targets in greater detail. The outcome of the wireline program will guide decisions on the next well location and the future appraisal strategy.Reported Earnings • Oct 29Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: US$199.6m (down 3.5% from 3Q 2024). Net income: US$20.1m (down 58% from 3Q 2024). Profit margin: 10% (down from 23% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Europe.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr39.85, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 65% over the past three years.공고 • Sep 29+ 1 more updateBW Energy Limited to Report First Half, 2026 Results on Jul 30, 2026BW Energy Limited announced that they will report first half, 2026 results on Jul 30, 2026New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.1% average weekly change).Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr43.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 94% over the past three years.공고 • Sep 19+ 1 more updateBW Energy Limited Announces Executive ChangesBW Energy Limited appointed Brice Morlot as Chief Operating Officer. Mr. Morlot joined BW Energy in 2024 as the Company’s CFO. He has extensive experience, combining financial expertise and a strong operational background in the E&P sector. Mr. Morlot succeeds Lin Espey, who stepped down as COO in July.공고 • Sep 16+ 2 more updatesBW Energy Limited to Report Q4, 2025 Results on Feb 05, 2026BW Energy Limited announced that they will report Q4, 2025 results on Feb 05, 2026Reported Earnings • Aug 02Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: US$191.7m (up 19% from 2Q 2024). Net income: US$26.7m (up 84% from 2Q 2024). Profit margin: 14% (up from 9.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Oil and Gas industry in Europe.공고 • May 27BW Energy Limited Announces Committee AppointmentsBW Energy Limited at its 2025 Annual General Meeting 2025 on May 26, 2025, Appointment of Nomination committee members: Ms. Elaine Yew Wen Suen be and is hereby appoint as the Chair of the Nomination Committee. Ms. Alicia Yik be and is hereby appointed as a Member of the Nomination Committee.공고 • May 23BW Energy Limited Announces the Resignation of Sophie Smith from the Nomination Committee as the Chair and A Member Effective 24 January 2025BW Energy Limited announced the resignation of Sophie Smith from the Nomination Committee as the Chair and a Member effective 24 January 2025.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr31.75, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 14% over the past three years.New Risk • May 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risk High level of debt (55% net debt to equity).New Risk • May 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • May 07First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: US$281.9m (up 52% from 1Q 2024). Net income: US$83.0m (up 75% from 1Q 2024). Profit margin: 29% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr25.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 9.9% over the past three years.공고 • Mar 07BW Energy Limited Announces A Substantial Oil Discovery with Good Reservoir Quality on the Bourdon Prospect in the Dussafu Licence Offshore GabonBW Energy announced a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore Gabon. Evaluation of logging data and formation pressure measurements confirm approximately 34 metres of pay in an overall hydrocarbon column of 45 metres in the Gamba formation, making it the larger hydrocarbon column discovered to date in the Dussafu licence. The well was drilled by the Norve jack-up rig to a total depth of 4,135 metres. The discovery will enable the Company to book additional reserves not included in its 2024 Statement of Reserves. Bourdon is located approximately 15 kilometres west of BW Adolo FPSO and 7.5 kilometres southeast of the MaBoMo facility.Reported Earnings • Mar 03Full year 2024 earnings released: EPS: US$0.64 (vs US$0.31 in FY 2023)Full year 2024 results: EPS: US$0.64 (up from US$0.31 in FY 2023). Revenue: US$783.9m (up 60% from FY 2023). Net income: US$165.9m (up 105% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Oil reserves Proven reserves: 160.6 MMbbls Combined production Oil equivalent production: 10.1 MMboe Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • Feb 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 01Full year 2024 earnings released: EPS: US$0.65 (vs US$0.31 in FY 2023)Full year 2024 results: EPS: US$0.65 (up from US$0.31 in FY 2023). Revenue: US$795.2m (up 57% from FY 2023). Net income: US$165.9m (up 105% from FY 2023). Profit margin: 21% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공고 • Jan 31BW Energy Limited Provides Production Guidance for 2025BW Energy Limited provided production guidance for 2025. Production guidance for 2025 is between 11 and 12 mmbbls net to BW Energy.공고 • Jan 30BW Energy Limited (OB:BWE) completed the acquisition of 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd.BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) for approximately $145 million on July 16, 2024. BW Energy Limited (OB:BWE) entered into definitive farm down agreement to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately on July 30, 2024. For total potential consideration of $141 million, including US$16 million equity investment and an additional US$45 million in carry payments based on achievement of commerciality. These payments will be paid in two installments, one at FID and the second payment one year after production. In the event of development of discoveries, production milestone payments could total an additional US$80 million. Three separate production payments of US$25 million, are made after BW Energy reaches certain free cash flow milestones. An additional first production payment of US$5 million, is paid sixty days after the start of commercial production. On completion of the transaction, the ownership interests in PEL 73 will be; ReconAfrica 70%, BW Energy 20%, and NAMCOR 10%. ReconAfrica remains the operator of PEL 73. This is subject to the satisfaction of customary closing conditions, including entering into a definitive farm down agreement and approvals from the state oil company of Namibia and the Ministry of Mines and Energy in Namibia. Completion of the transaction is expected to occur before October 31, 2024. BW Energy Limited (OB:BWE) completed the acquisition of 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) on January 29, 2025.공고 • Dec 12+ 3 more updatesBW Energy Limited to Report Q3, 2025 Results on Oct 24, 2025BW Energy Limited announced that they will report Q3, 2025 results on Oct 24, 2025공고 • Dec 11BW Energy Limited, Annual General Meeting, Apr 30, 2025BW Energy Limited, Annual General Meeting, Apr 30, 2025.공고 • Dec 10BW Energy Limited to Report First Half, 2025 Results on Aug 01, 2025BW Energy Limited announced that they will report first half, 2025 results on Aug 01, 2025Recent Insider Transactions • Nov 27Chief Executive Officer recently bought kr1.3m worth of stockOn the 21st of November, Carl Arnet bought around 60k shares on-market at roughly kr22.33 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Carl's only on-market trade for the last 12 months.Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: US$0.19. Revenue: US$206.8m (up 113% from 3Q 2023). Net income: US$48.0m (up US$47.5m from 3Q 2023). Profit margin: 23% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Nov 08BW Energy Limited to Report Q3, 2024 Results on Nov 15, 2024BW Energy Limited announced that they will report Q3, 2024 results at 7:30 AM, Central Europe Standard Time on Nov 15, 2024Reported Earnings • Aug 30Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: US$161.2m (up 71% from 2Q 2023). Net income: US$14.5m (up 174% from 2Q 2023). Profit margin: 9.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe.공고 • Aug 29BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. Total production net to BW Energy from Gabon and Brazil for 2024 is projected to be between 10 and 11 million barrels, based on the current Hibiscus /Ruche development plan and ESP work-over schedule.New Risk • Aug 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.공고 • Jul 17BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately $145 million.BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately $145 million on July 16, 2024. For total potential consideration of $141 million, including US$16 million equity investment and an additional US$45 million in carry payments based on achievement of commerciality. These payments will be paid in two installments, one at FID and the second payment one year after production. In the event of development of discoveries, production milestone payments could total an additional US$80 million. Three separate production payments of US$25 million, are made after BW Energy reaches certain free cash flow milestones. An additional first production payment of US$5 million, is paid sixty days after the start of commercial production. On completion of the transaction, the ownership interests in PEL 73 will be; ReconAfrica 70%, BW Energy 20%, and NAMCOR 10%. ReconAfrica remains the operator of PEL 73. This is subject to the satisfaction of customary closing conditions, including entering into a definitive farm down agreement and approvals from the state oil company of Namibia and the Ministry of Mines and Energy in Namibia.공고 • Jun 05BW Energy Limited Appraisal Confirms Material Hibiscus Field Reserve IncreaseBW Energy Limited with reference is made to the stock exchange notice by BW Energy on 20 May 2024 announcing a substantial oil discovery on the northern flank of the Hibiscus field. BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area. The Company’s preliminary evaluation indicates an increase in Hibiscus gross recoverable reserves (mid-case) of approximately 8 million barrels of oil to 12 million barrels of oil. The Company plans to complete the well as a development well later in 2024. The DHIBM-7P pilot was drilled from the MaBoMo production platform to a total depth of 3,941 metres. The target area is located approximately 1.5 kilometres north-northwest of the MaBoMo and was drilled by the Borr Norve jack-up rig. Notably, the hydrocarbon column extends across the boundary between the Gamba and the underlying Dentale formation. This is the first example of a common Gamba-Dentale hydrocarbon accumulation in Hibiscus Field. The current operation in Dussafu is to complete the development well (DHBSM-2H) in the northern flank of the Hibiscus South field that was recently successfully appraised.공고 • May 30BW Energy Limited Announces Chief Financial Officer ChangesBW Energy Limited has appointed Brice Morlot as Chief Financial Officer effective from 30 June 2024. Mr. Morlot succeeds Knut R. Sæthre, who has been the CFO of BW Energy since 2019, contributing significantly to the company's financial stewardship and strategic direction. Mr. Morlot brings extensive experience to the Company, combining a solid financial understanding with an operational background in the E&P business. Most recently, serving as Managing Director of Assala Energy in Gabon, and before that, from other leadership roles in Assala, SCOR and Perenco. He will be based in BW Energy’s office in Lisbon Portugal. Mr. Morlot will undergo a transitional period working closely with Mr. Sæthre to ensure a seamless handover.Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: US$181.7m (up 141% from 1Q 2023). Net income: US$47.4m (up US$52.4m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Europe.공고 • May 25BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. For the year, the company expects net production of 10 million barrels to 12 million barrels.공고 • May 23BW Energy Limited Announces Board AppointmentsThe Annual General Meeting 2024 of BW Energy Limited was held on May 21, 2024. With reference to AGM 2024 minutes, BW Energy announced two new board members, Mr. Darrell McKenna and Mr. Alan Dowokpor. Darrell McKenna is currently the Executive Chairman on the Board of Samson Oil and Gas/Springline Energy and a technical advisor to engineering and field staff in Samson Oil and Gas/Springline Energy. Mr. McKenna has over 40 years of experience in the oil and gas industry in various engineering and leadership roles of a wide range of companies within the energy sector, including Mobil, Schlumberger, Hess, Kosmos Energy and Oracle Energy. Mr. McKenna holds a degree in Petroleum Engineering (with honors) from the Montana School of Mineral Science and Technology (Montana Tech) in Butte, Montana. Alan Dowokpor is currently Deputy Chair and a member of the Remuneration and Nominations Committee of the Board of Harwich Haven Authority (a major UK Trust Port). Mr. Dowokpor has over 30 years of global, strategic, operations and business leadership experience in the oil and gas industry with a focus on upstream exploration, production, and development from BP and Tullow Oil. Mr. Dowokpor holds a Masters degree in Petroleum Engineering from Imperial College, London.공고 • May 09BW Energy Announces Hibiscus South Pilot Well Confirms HydrocarbonsBW Energy announced that the DHBSM-2P pilot well confirms that the Hibiscus South deposit extends into the northern part of the field with good reservoir quality, increasing reserve estimates. The Company plans to complete the well as a production well later in 2024. The DHBSM-2P Pilot was drilled from the MaBoMo production platform to a total depth of 5,130 metres. The target area is located approximately 3.2 kilometres west-northwest of the MaBoMo and was drilled by the Borr Norvejack-up rig. Evaluation of logging data, sample examination and formation pressure measurements confirm approximately 25 metres of pay in an overall hydrocarbon column of 35 metres in the Gamba formation. The well data provides additional confirmation that the Hibiscus South structure is a separate accumulation with a deeper oil-water contact than the nearby Hibiscus Field. This will enable the Company to book additional reserves not currently included in its annual statement of reserves and provide the opportunity to drill one or more additional production wells from the MaBoMo facility. Preliminary evaluation indicates gross recoverable reserves of 5 to 6 million barrels of oil and approximately 14 million barrels of oil in place.공고 • Apr 30BW Energy Limited Provides Earnings Guidance for the First Quarter of 2024BW Energy Limited announced that the company expects to recognise a net loss of USD 3.3 million in the first quarter related to the hedging program, of which USD 3.8 million is unrealised.공고 • Jan 02+ 1 more updateBW Energy Limited to Report Q2, 2024 Results on Aug 29, 2024BW Energy Limited announced that they will report Q2, 2024 results on Aug 29, 2024이익 및 매출 성장 예측OM:BWEO - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,3587617401,363412/31/20271,113303-223590412/31/2026815121-37433436/30/2026818100-122375N/A3/31/202667083-365122N/A12/31/2025778133-130315N/A9/30/2025896186N/AN/AN/A6/30/202590421475425N/A3/31/2025879202N/AN/AN/A12/31/20247841666348N/A9/30/2024793190N/AN/AN/A6/30/2024664143-159195N/A3/31/2024617133N/AN/AN/A12/31/202348981-154181N/A9/30/2023338-7N/AN/AN/A6/30/202332426-141155N/A3/31/20232204N/AN/AN/A12/31/202227845-71169N/A9/30/202231092N/AN/AN/A6/30/202225148-62119N/A3/31/202235180N/AN/AN/A12/31/202127252-12109N/A9/30/20212368N/AN/AN/A6/30/2021250124698N/A3/31/2021192-10N/AN/AN/A12/31/2020160-41-2550N/A9/30/2020185-10N/AN/AN/A6/30/20201964-66113N/A3/31/202022110N/AN/AN/A12/31/201928258N/A203N/A9/30/201922734N/A105N/A12/31/2018393N/A-30N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BWEO 의 연간 예상 수익 증가율(82%)이 saving rate(2%)보다 높습니다.수익 vs 시장: BWEO 의 연간 수익(82%)이 Swedish 시장(7.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: BWEO 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: BWEO 의 수익(연간 31%)이 Swedish 시장(연간 -1.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: BWEO 의 수익(연간 31%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BWEO의 자본 수익률은 3년 후 31%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/05 15:17종가2026/08/03 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BW Energy Limited는 8명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierChristian YggesethDanske BankSteffen EvjenDanske Bank5명의 분석가 더 보기
공고 • Jan 31BW Energy Limited Provides Production Guidance for 2025BW Energy Limited provided production guidance for 2025. Production guidance for 2025 is between 11 and 12 mmbbls net to BW Energy.
공고 • Aug 29BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. Total production net to BW Energy from Gabon and Brazil for 2024 is projected to be between 10 and 11 million barrels, based on the current Hibiscus /Ruche development plan and ESP work-over schedule.
공고 • May 25BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. For the year, the company expects net production of 10 million barrels to 12 million barrels.
공고 • Apr 30BW Energy Limited Provides Earnings Guidance for the First Quarter of 2024BW Energy Limited announced that the company expects to recognise a net loss of USD 3.3 million in the first quarter related to the hedging program, of which USD 3.8 million is unrealised.
Reported Earnings • Jul 31Second quarter 2026 earnings released: EPS: US$0.17 (vs US$0.10 in 2Q 2025)Second quarter 2026 results: EPS: US$0.17 (up from US$0.10 in 2Q 2025). Revenue: US$296.3m (up 62% from 2Q 2025). Net income: US$43.9m (up 64% from 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Revenue is forecast to grow 32% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year.
New Risk • May 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). High level of non-cash earnings (28% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).
Reported Earnings • May 21First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: US$0.13. Revenue: US$172.7m (down 39% from 1Q 2025). Net income: US$32.6m (down 61% from 1Q 2025). Profit margin: 19% (down from 29% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in Europe.
Reported Earnings • Feb 06Full year 2025 earnings releasedFull year 2025 results: Revenue: US$797.9m (up 1.8% from FY 2024). Net income: US$133.1m (down 20% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Oil and Gas industry in Europe.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr44.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 82% over the past three years.
공고 • Nov 20BW Energy Provides Second Update on Kudu Appraisal WellBW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia. The well reached a total depth of 5,100m and intersected multiple reservoir intervals. The well will now be plugged, and abandoned in line with the planned program. Several shallow turbidite reservoirs with dry-gas shows were encountered, and reservoir properties from these and the acquired whole core are now being evaluated. In the deeper section of the well, hydrocarbons were encountered in a fractured volcaniclastic reservoir. This confirms a working petroleum system with condensate and/or light oil. Further analysis is ongoing to determine the extent of the system and to characterise reservoir properties and appraisal options.
공고 • Nov 01BW Energy Announces Update on Kudu Appraisal WellBW Energy provided an update on the Kharas-1 appraisal well, which has reached total depth and drilled multiple formation present across the Kudu license. The well was strategically designed to intersect several targets within a single borehole. While this approach did not allow for individual optimisation of each formation, it provided valuable geological data across the broader petroleum system. Preliminary results are encouraging. Several intervals show indications of hydrocarbon presence and reservoir potential, suggesting a working petroleum system at Kharas. Early analysis indicates that the K1 interval may contain hydrocarbons wetter than dry gas. A hydrocarbon migration front has been observed, and wireline operations are underway to assess reservoir quality, fluid type, and pressure characteristics. A follow-up appraisal campaign will be required to evaluate the individual targets in greater detail. The outcome of the wireline program will guide decisions on the next well location and the future appraisal strategy.
Reported Earnings • Oct 29Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: US$199.6m (down 3.5% from 3Q 2024). Net income: US$20.1m (down 58% from 3Q 2024). Profit margin: 10% (down from 23% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Europe.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr39.85, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 65% over the past three years.
공고 • Sep 29+ 1 more updateBW Energy Limited to Report First Half, 2026 Results on Jul 30, 2026BW Energy Limited announced that they will report first half, 2026 results on Jul 30, 2026
New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.1% average weekly change).
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr43.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 94% over the past three years.
공고 • Sep 19+ 1 more updateBW Energy Limited Announces Executive ChangesBW Energy Limited appointed Brice Morlot as Chief Operating Officer. Mr. Morlot joined BW Energy in 2024 as the Company’s CFO. He has extensive experience, combining financial expertise and a strong operational background in the E&P sector. Mr. Morlot succeeds Lin Espey, who stepped down as COO in July.
공고 • Sep 16+ 2 more updatesBW Energy Limited to Report Q4, 2025 Results on Feb 05, 2026BW Energy Limited announced that they will report Q4, 2025 results on Feb 05, 2026
Reported Earnings • Aug 02Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: US$191.7m (up 19% from 2Q 2024). Net income: US$26.7m (up 84% from 2Q 2024). Profit margin: 14% (up from 9.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Oil and Gas industry in Europe.
공고 • May 27BW Energy Limited Announces Committee AppointmentsBW Energy Limited at its 2025 Annual General Meeting 2025 on May 26, 2025, Appointment of Nomination committee members: Ms. Elaine Yew Wen Suen be and is hereby appoint as the Chair of the Nomination Committee. Ms. Alicia Yik be and is hereby appointed as a Member of the Nomination Committee.
공고 • May 23BW Energy Limited Announces the Resignation of Sophie Smith from the Nomination Committee as the Chair and A Member Effective 24 January 2025BW Energy Limited announced the resignation of Sophie Smith from the Nomination Committee as the Chair and a Member effective 24 January 2025.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr31.75, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 14% over the past three years.
New Risk • May 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risk High level of debt (55% net debt to equity).
New Risk • May 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • May 07First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: US$281.9m (up 52% from 1Q 2024). Net income: US$83.0m (up 75% from 1Q 2024). Profit margin: 29% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr25.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 9.9% over the past three years.
공고 • Mar 07BW Energy Limited Announces A Substantial Oil Discovery with Good Reservoir Quality on the Bourdon Prospect in the Dussafu Licence Offshore GabonBW Energy announced a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore Gabon. Evaluation of logging data and formation pressure measurements confirm approximately 34 metres of pay in an overall hydrocarbon column of 45 metres in the Gamba formation, making it the larger hydrocarbon column discovered to date in the Dussafu licence. The well was drilled by the Norve jack-up rig to a total depth of 4,135 metres. The discovery will enable the Company to book additional reserves not included in its 2024 Statement of Reserves. Bourdon is located approximately 15 kilometres west of BW Adolo FPSO and 7.5 kilometres southeast of the MaBoMo facility.
Reported Earnings • Mar 03Full year 2024 earnings released: EPS: US$0.64 (vs US$0.31 in FY 2023)Full year 2024 results: EPS: US$0.64 (up from US$0.31 in FY 2023). Revenue: US$783.9m (up 60% from FY 2023). Net income: US$165.9m (up 105% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Oil reserves Proven reserves: 160.6 MMbbls Combined production Oil equivalent production: 10.1 MMboe Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 01Full year 2024 earnings released: EPS: US$0.65 (vs US$0.31 in FY 2023)Full year 2024 results: EPS: US$0.65 (up from US$0.31 in FY 2023). Revenue: US$795.2m (up 57% from FY 2023). Net income: US$165.9m (up 105% from FY 2023). Profit margin: 21% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공고 • Jan 31BW Energy Limited Provides Production Guidance for 2025BW Energy Limited provided production guidance for 2025. Production guidance for 2025 is between 11 and 12 mmbbls net to BW Energy.
공고 • Jan 30BW Energy Limited (OB:BWE) completed the acquisition of 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd.BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) for approximately $145 million on July 16, 2024. BW Energy Limited (OB:BWE) entered into definitive farm down agreement to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately on July 30, 2024. For total potential consideration of $141 million, including US$16 million equity investment and an additional US$45 million in carry payments based on achievement of commerciality. These payments will be paid in two installments, one at FID and the second payment one year after production. In the event of development of discoveries, production milestone payments could total an additional US$80 million. Three separate production payments of US$25 million, are made after BW Energy reaches certain free cash flow milestones. An additional first production payment of US$5 million, is paid sixty days after the start of commercial production. On completion of the transaction, the ownership interests in PEL 73 will be; ReconAfrica 70%, BW Energy 20%, and NAMCOR 10%. ReconAfrica remains the operator of PEL 73. This is subject to the satisfaction of customary closing conditions, including entering into a definitive farm down agreement and approvals from the state oil company of Namibia and the Ministry of Mines and Energy in Namibia. Completion of the transaction is expected to occur before October 31, 2024. BW Energy Limited (OB:BWE) completed the acquisition of 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) on January 29, 2025.
공고 • Dec 12+ 3 more updatesBW Energy Limited to Report Q3, 2025 Results on Oct 24, 2025BW Energy Limited announced that they will report Q3, 2025 results on Oct 24, 2025
공고 • Dec 11BW Energy Limited, Annual General Meeting, Apr 30, 2025BW Energy Limited, Annual General Meeting, Apr 30, 2025.
공고 • Dec 10BW Energy Limited to Report First Half, 2025 Results on Aug 01, 2025BW Energy Limited announced that they will report first half, 2025 results on Aug 01, 2025
Recent Insider Transactions • Nov 27Chief Executive Officer recently bought kr1.3m worth of stockOn the 21st of November, Carl Arnet bought around 60k shares on-market at roughly kr22.33 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Carl's only on-market trade for the last 12 months.
Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: US$0.19. Revenue: US$206.8m (up 113% from 3Q 2023). Net income: US$48.0m (up US$47.5m from 3Q 2023). Profit margin: 23% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Nov 08BW Energy Limited to Report Q3, 2024 Results on Nov 15, 2024BW Energy Limited announced that they will report Q3, 2024 results at 7:30 AM, Central Europe Standard Time on Nov 15, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: US$161.2m (up 71% from 2Q 2023). Net income: US$14.5m (up 174% from 2Q 2023). Profit margin: 9.0% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe.
공고 • Aug 29BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. Total production net to BW Energy from Gabon and Brazil for 2024 is projected to be between 10 and 11 million barrels, based on the current Hibiscus /Ruche development plan and ESP work-over schedule.
New Risk • Aug 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
공고 • Jul 17BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately $145 million.BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately $145 million on July 16, 2024. For total potential consideration of $141 million, including US$16 million equity investment and an additional US$45 million in carry payments based on achievement of commerciality. These payments will be paid in two installments, one at FID and the second payment one year after production. In the event of development of discoveries, production milestone payments could total an additional US$80 million. Three separate production payments of US$25 million, are made after BW Energy reaches certain free cash flow milestones. An additional first production payment of US$5 million, is paid sixty days after the start of commercial production. On completion of the transaction, the ownership interests in PEL 73 will be; ReconAfrica 70%, BW Energy 20%, and NAMCOR 10%. ReconAfrica remains the operator of PEL 73. This is subject to the satisfaction of customary closing conditions, including entering into a definitive farm down agreement and approvals from the state oil company of Namibia and the Ministry of Mines and Energy in Namibia.
공고 • Jun 05BW Energy Limited Appraisal Confirms Material Hibiscus Field Reserve IncreaseBW Energy Limited with reference is made to the stock exchange notice by BW Energy on 20 May 2024 announcing a substantial oil discovery on the northern flank of the Hibiscus field. BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area. The Company’s preliminary evaluation indicates an increase in Hibiscus gross recoverable reserves (mid-case) of approximately 8 million barrels of oil to 12 million barrels of oil. The Company plans to complete the well as a development well later in 2024. The DHIBM-7P pilot was drilled from the MaBoMo production platform to a total depth of 3,941 metres. The target area is located approximately 1.5 kilometres north-northwest of the MaBoMo and was drilled by the Borr Norve jack-up rig. Notably, the hydrocarbon column extends across the boundary between the Gamba and the underlying Dentale formation. This is the first example of a common Gamba-Dentale hydrocarbon accumulation in Hibiscus Field. The current operation in Dussafu is to complete the development well (DHBSM-2H) in the northern flank of the Hibiscus South field that was recently successfully appraised.
공고 • May 30BW Energy Limited Announces Chief Financial Officer ChangesBW Energy Limited has appointed Brice Morlot as Chief Financial Officer effective from 30 June 2024. Mr. Morlot succeeds Knut R. Sæthre, who has been the CFO of BW Energy since 2019, contributing significantly to the company's financial stewardship and strategic direction. Mr. Morlot brings extensive experience to the Company, combining a solid financial understanding with an operational background in the E&P business. Most recently, serving as Managing Director of Assala Energy in Gabon, and before that, from other leadership roles in Assala, SCOR and Perenco. He will be based in BW Energy’s office in Lisbon Portugal. Mr. Morlot will undergo a transitional period working closely with Mr. Sæthre to ensure a seamless handover.
Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: US$181.7m (up 141% from 1Q 2023). Net income: US$47.4m (up US$52.4m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Europe.
공고 • May 25BW Energy Limited Provides Production Guidance for the Year 2024BW Energy Limited provided production guidance for the year 2024. For the year, the company expects net production of 10 million barrels to 12 million barrels.
공고 • May 23BW Energy Limited Announces Board AppointmentsThe Annual General Meeting 2024 of BW Energy Limited was held on May 21, 2024. With reference to AGM 2024 minutes, BW Energy announced two new board members, Mr. Darrell McKenna and Mr. Alan Dowokpor. Darrell McKenna is currently the Executive Chairman on the Board of Samson Oil and Gas/Springline Energy and a technical advisor to engineering and field staff in Samson Oil and Gas/Springline Energy. Mr. McKenna has over 40 years of experience in the oil and gas industry in various engineering and leadership roles of a wide range of companies within the energy sector, including Mobil, Schlumberger, Hess, Kosmos Energy and Oracle Energy. Mr. McKenna holds a degree in Petroleum Engineering (with honors) from the Montana School of Mineral Science and Technology (Montana Tech) in Butte, Montana. Alan Dowokpor is currently Deputy Chair and a member of the Remuneration and Nominations Committee of the Board of Harwich Haven Authority (a major UK Trust Port). Mr. Dowokpor has over 30 years of global, strategic, operations and business leadership experience in the oil and gas industry with a focus on upstream exploration, production, and development from BP and Tullow Oil. Mr. Dowokpor holds a Masters degree in Petroleum Engineering from Imperial College, London.
공고 • May 09BW Energy Announces Hibiscus South Pilot Well Confirms HydrocarbonsBW Energy announced that the DHBSM-2P pilot well confirms that the Hibiscus South deposit extends into the northern part of the field with good reservoir quality, increasing reserve estimates. The Company plans to complete the well as a production well later in 2024. The DHBSM-2P Pilot was drilled from the MaBoMo production platform to a total depth of 5,130 metres. The target area is located approximately 3.2 kilometres west-northwest of the MaBoMo and was drilled by the Borr Norvejack-up rig. Evaluation of logging data, sample examination and formation pressure measurements confirm approximately 25 metres of pay in an overall hydrocarbon column of 35 metres in the Gamba formation. The well data provides additional confirmation that the Hibiscus South structure is a separate accumulation with a deeper oil-water contact than the nearby Hibiscus Field. This will enable the Company to book additional reserves not currently included in its annual statement of reserves and provide the opportunity to drill one or more additional production wells from the MaBoMo facility. Preliminary evaluation indicates gross recoverable reserves of 5 to 6 million barrels of oil and approximately 14 million barrels of oil in place.
공고 • Apr 30BW Energy Limited Provides Earnings Guidance for the First Quarter of 2024BW Energy Limited announced that the company expects to recognise a net loss of USD 3.3 million in the first quarter related to the hedging program, of which USD 3.8 million is unrealised.
공고 • Jan 02+ 1 more updateBW Energy Limited to Report Q2, 2024 Results on Aug 29, 2024BW Energy Limited announced that they will report Q2, 2024 results on Aug 29, 2024