BW Offshore: Third quarter results 2024
Portfolio Pulse from
BW Offshore reported its third quarter 2024 results, highlighting an EBITDA of USD 83 million and a net profit of USD 13 million. The company declared a cash dividend of USD 0.0625 per share. The Barossa FPSO project is 90% complete, with full-year EBITDA expectations increased to USD 315-320 million.
November 15, 2024 | 6:45 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BW Offshore's Q3 2024 results show strong financial performance with an EBITDA of USD 83 million and a net profit of USD 13 million. The company declared a dividend and increased its full-year EBITDA forecast, indicating positive future prospects.
The strong financial results, dividend declaration, and increased EBITDA forecast suggest a positive outlook for BW Offshore. The completion progress of the Barossa project further supports this view, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100