Half Year 2024 Genesis Energy Ltd Earnings Call Transcript

Feb 21, 2024 / 10:00PM GMT
Malcolm Johns - Genesis Energy Ltd - Chief Executive Officer

Kia ora, and welcome to the FY24 half year results presentation for Genesis Energy. I'm Malcolm Johns, Chief Executive, and I'm joined by James Spence, our CFO. After a year in the job, it has been exciting to learn about the sector and the company as we took stock of our position and looked out into the future while also delivering on key projects and continuing to serve our customers well.

The highlight for me was the launch of our new strategy Gen35. The executive team, the Board, and many people inside and outside Genesis worked hard over many months to drill into the first principles of the sector, the company, and the energy transition opportunity. We looked at where scarcity set, where value set, the company's capabilities and assets, and we ultimately developed our strategy to leverage our strong strategic value into financial value across three key value pools.

The first is electrification, how we use our strong demand-side position of almost 500,000 customers to drive faster organic demand growth through accelerated

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