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UK's Energean posts higher half-year profit as Israel output recovers

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UK's Energean posts higher half-year profit as Israel output recovers

·London, United Kingdom
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With strong performance in the first half of 2026 and an expanding investment portfolio in Greece, Egypt, Israel and Croatia, Energean, based on what was reported in both the analyst briefing and the announcement of the disbursements, is entering its next phase of growth, while curtailing its financials leverage. In particular, net profit after tax rose 45 per cent to $160 million, while free cash flow increased by 35 per cent to $250 million. A…

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Net profits increased by 45%, free cash flow increased by 35%, production recovery above 180 thousand barrels of oil equivalent/day (boed) and completion of ... The article Energean: Strong first half with a 45% jump in net profits – Strengthening production and liquidity was published in NewsIT.

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BizToc broke the news on Wednesday, September 9, 2026.
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