Genesis Energy Ltd (NZSE:GNE)
NZ$ 2.18 -0.01 (-0.46%) Market Cap: 2.34 Bil Enterprise Value: 3.64 Bil PE Ratio: 26.27 PB Ratio: 0.95 GF Score: 82/100

Half Year 2021 Genesis Energy Ltd Earnings Call Transcript

Feb 24, 2021 / 10:00PM GMT
Release Date Price: NZ$3.42 (-0.58%)
Operator

Good day, and welcome to the Fiscal Year 21 Half Year Results Briefing Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. Marc England. Please go ahead, sir.

Marc England
Genesis Energy Limited - CEO

Good morning, and welcome to Genesis Energy's Half Year Results Presentation for the Financial Year 2021. You've got myself, Chris Jewell, our CFO, here; and Tim McSweeney, Investor Relations; and a number of others listening in. I'll take you through the first couple of slides, hand over to Chris and then come back and talk about operational and strategic updates.

Today, we have the pleasure of delivering a really strong first half result too, which we're extremely pleased with. There are some market headwinds ahead, but we're confident of beating the strategic EBITDAF goal of $400 million that we set out to deliver in 2016. And as you'll have seen, are upgrading our guidance for the full year this morning.

If I can start with Slide 4 and just cover some of the

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