Genel’s FCF is predicted to top $250mn for the year as a whole
Genel: Return cash or M&A?
Analysts are split on the best way forward for the Kurdistan-focused producer, in a dilemma many upstream firms may also face
AIM-listed independent Genel Energy saw its revenues jump to $245.6mn in the first half of 2022, up by more than 60pc compared with $151.5mn in the same period last year, with Ebitda also soaring from $123.1mn to $212.3mn. But, with production remaining stubbornly flat, the firm must now decide what to do with the free cash flow (FCF) being thrown off by the current high oil prices. And analysts are split as to whether the firm should concentrate on returning the FCF to shareholders through an increased dividend or use it to fund inorganic growth in the M&A market. There is also the suggestion that a Genel management team in transition has not itself decided on the better course. Genel’s
Also in this section
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
