Q4 numbers broadly in line
Tethys oil reports Q4'22 working interest production of 9.441kboe/d. Note that Tethys have preannounced production and lifting numbers. Q4 revenues of USD 43.2m in line with ABGSCe of USD 43.5m and consensus at USD 43.8m. EBITDA for the quarter amounted to USD 27.8m vs. ABGSCe at USD 29.9m and consensus at USD 29.5m. FCF amounted to USD 0.4m, compared to ABGSCe at USD 10.3m due to WC effects and somewhat higher capex of USD 24.6 (ABGSCe USD 20m).
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