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Directors’ Deals: Energean boss backs his own growth strategy

Financial Times LogoFinancial Times15h ago

Directors’ Deals: Energean boss backs his own growth strategy - Financial Times

Quick Summary:

This does mean debt will be higher for longer and there will be no special dividend for investors.

He forecasts production of 171,000 barrels of oil equivalent per day for 2025, and a 16.7 per cent rise in the dividend.

This would have remained the case even after the now-cancelled sale of its more mature assets in Egypt, Italy and Croatia.


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Article Details

Author / Journalist: Alex Hamer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 17:00:36 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27588690

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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