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LSE:GENL

Genel Energy PLC

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Market:
LSE
Market Cap:
£3.19 m
Price
115.20 GBX
Change
1.41%
52 weeks high
225.60
52 weeks low
53.10

Genel’s strategic ambition is to become a world-class independent E&P creator of shareholder value. 

Generate cash

  • Growing cash-generative production through rapid development and disciplined use of capital

Invest in growth

  • Recycling capital into an expanding asset portfolio with the potential to deliver significant and sustained cash flow growth

Return excess cash to shareholders

  • Generating sufficient cash throughout the investment cycle to fund a material and progressive dividend


SUPPORTED BY A BUSINESS MODEL RESILIENT BY DESIGN

 Financial discipline

  • Investment in lower risk development of opportunities with high potential, with capex appropriate to external environment

Downside risk mitigation

  • Resilient to low oil price, flexible capex program
  • Prioritise capital allocation to assets with near term cash generation
  • Model that optimises capital exposure and payback

Low-cost production

  • Low-cost, highly cash generative assets

Capital velocity

  • Assets that rapidly return investment and allow recycling of cash into growth opportunities

Capital returns

  • A material and progressive dividend, affordable at low oil prices

UK, Turkey and Jersey.

David McManus
Chairman

Bill Higgs
Chief Executive Officer

Esa Ikaheimonen
Chief Financial Officer

Rt Hon Sir Michael Fallon KCB
Senior Independent Non-Executive Director and Deputy Chairman

Tim Bushell
Independent Non-Executive Director

George Rose
Independent Non-Executive Director

Nazli K Williams
Non-Executive Director

Ümit Tolga Bilgin
Non-Executive Director

Martin Gudgeon
Independent Non-Executive Director

Hassan Gozal
Non-Executive Director

Canan Ediboğlu
Independent Non-Executive Director

Head & Regional Offices

Head Office

Fifth Floor
36 Broadway
Victoria
London
SW1H 0BH
United Kingdom

Phone: +44 (0)20 7659 5100

[email protected]

Ankara Office

Next Level Iş Merkezi
Eskişehir Yolu
Dumlupınar Bulvarı No:3A-101
Söğütözü 06500 
Ankara, Turkey

Phone : +90 312 218 84 00

Fax : +90 312 219 1883

[email protected]

Registered Office

12 Castle Street
St Helier
Jersey
JE2 3RT

Phone: +44 (0)1534 630 080

Media Contacts

Andrew Benbow
Head of Communications
Phone: +44 207 6595 110

[email protected]

Nilüfer Paykoç
Public Relations Manager
Phone: +903122188400

[email protected]  

 

Investor Relations

Andrew Benbow
Head of Communications
Phone: +44 207 6595 110

[email protected]

 

Registrars

Equiniti (Jersey) Limited
26, New Street
St. Helier
Jersey 
Channel Islands
JE4 8PP

Bankers

Citigroup 
25 Canada Square
Canary Wharf
London
E14 5LB

Auditors

Pricewaterhouse Coopers LLP
1 Embankment Place
London
WC2N 6RH

Corporate Brokers

JP Morgan Cazenove
25 Bank Street
Canary Wharf
London
E14 5JP

Numis
The London Stock Exchange Building
10 Paternoster Square
London
EC4M 7LT

Lawyers

Linklaters LLP
One Silk Street
London
EC2Y 8HQ

Public Relations

Vigo Communications
Sackville House
40 Piccadilly
London 
W1J 0DR

Please click here for Shareholder Information 

Registrars

Equiniti (Jersey) Limited
26, New Street
St. Helier
Jersey 
Channel Islands
JE4 8PP

Bankers

Citigroup 
25 Canada Square
Canary Wharf
London
E14 5LB

Auditors

Pricewaterhouse Coopers LLP
1 Embankment Place
London
WC2N 6RH

Corporate Brokers

JP Morgan Cazenove
25 Bank Street
Canary Wharf
London
E14 5JP

Numis
The London Stock Exchange Building
10 Paternoster Square
London
EC4M 7LT

Lawyers

Linklaters LLP
One Silk Street
London
EC2Y 8HQ

Public Relations

Vigo Communications
Sackville House
40 Piccadilly
London 
W1J 0DR