Genel Energy plc (GENL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Grinnell Energy PLC Investor Presentation. Throughout this recorded meeting, investors will be in listen-only mode. A question can be submitted at any time via the Q&A tab situated on the right-hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it is appropriate to do so. Before we begin, I'd like to submit the following poll. And I'd like to hand you over to Paul Weir, CEO. Good morning, sir. Good morning. Good morning, everybody. My name is Paul Weir, as you've just heard. I'm the CEO of Genel Energy, and I'm joined, as usual, by our CFO, Luke Clements. Welcome to our 2025 results presentation. We published our annual report and our full year results last week, and in my statement then we broadly reiterated the key messages and guidance provided in our January trading statement. Obviously, the big change since January is the security situation in the Middle East, which has resulted in our production effort being temporarily suspended on a precautionary basis since hostilities began almost four weeks ago. Understandably, the operator's priority since then has been the safety of its personnel. Steps have been taken, however, to maintain a state of readiness for a prompt restart, but the security situation in the region remains very dynamic and very uncertain. The focus of this presentation, then, is not to provide you with a Middle East security update, which wouldn't likely add to the understanding you've already had from mainstream media. Instead, we'll take you through the key elements of the performance of the company in ...