The Board of Directors’ proposal for dividend to the Annual General Meeting 2024
Kurs & Likviditet
Prenumeration
Kalender
| 2024-11-05 | Kvartalsrapport 2024-Q3 |
| 2024-08-06 | Kvartalsrapport 2024-Q2 |
| 2024-05-16 | Ordinarie utdelning TETY 0.00 SEK |
| 2024-05-15 | Årsstämma 2024 |
| 2024-05-07 | Kvartalsrapport 2024-Q1 |
| 2024-02-06 | Bokslutskommuniké 2023 |
| 2023-11-10 | Ordinarie utdelning TETY 2.00 SEK |
| 2023-11-07 | Kvartalsrapport 2023-Q3 |
| 2023-08-08 | Kvartalsrapport 2023-Q2 |
| 2023-05-24 | Inlösen TETY 3 |
| 2023-05-10 | Årsstämma 2023 |
| 2023-05-09 | Kvartalsrapport 2023-Q1 |
| 2023-02-07 | Bokslutskommuniké 2022 |
| 2022-11-08 | Kvartalsrapport 2022-Q3 |
| 2022-08-09 | Kvartalsrapport 2022-Q2 |
| 2022-06-01 | Inlösen TETY 5 |
| 2022-05-19 | Ordinarie utdelning TETY 2.00 SEK |
| 2022-05-18 | Årsstämma 2022 |
| 2022-05-10 | Kvartalsrapport 2022-Q1 |
| 2022-02-08 | Bokslutskommuniké 2021 |
| 2021-11-09 | Kvartalsrapport 2021-Q3 |
| 2021-08-10 | Kvartalsrapport 2021-Q2 |
| 2021-05-26 | Inlösen TETY 2 |
| 2021-05-20 | Ordinarie utdelning TETY 2.00 SEK |
| 2021-05-19 | Årsstämma 2021 |
| 2021-05-11 | Kvartalsrapport 2021-Q1 |
| 2021-02-09 | Bokslutskommuniké 2020 |
| 2020-11-03 | Kvartalsrapport 2020-Q3 |
| 2020-08-11 | Kvartalsrapport 2020-Q2 |
| 2020-05-20 | Inlösen TETY 3 |
| 2020-05-14 | Ordinarie utdelning TETY 2.00 SEK |
| 2020-05-13 | Årsstämma 2020 |
| 2020-05-05 | Kvartalsrapport 2020-Q1 |
| 2020-02-11 | Bokslutskommuniké 2019 |
| 2019-11-15 | Halvårsutdelning TETY 1 |
| 2019-11-05 | Kvartalsrapport 2019-Q3 |
| 2019-08-13 | Kvartalsrapport 2019-Q2 |
| 2019-05-21 | Inlösen TETY 6 |
| 2019-05-16 | Halvårsutdelning TETY 1 |
| 2019-05-15 | Årsstämma 2019 |
| 2019-05-07 | Kvartalsrapport 2019-Q1 |
| 2019-02-12 | Bokslutskommuniké 2018 |
| 2018-11-13 | Halvårsutdelning TETY 1 |
| 2018-11-06 | Kvartalsrapport 2018-Q3 |
| 2018-08-14 | Kvartalsrapport 2018-Q2 |
| 2018-05-11 | Halvårsutdelning TETY 1 |
| 2018-05-11 | Inlösen TETY 4 |
| 2018-05-09 | Årsstämma 2018 |
| 2018-05-08 | Kvartalsrapport 2018-Q1 |
| 2018-02-13 | Bokslutskommuniké 2017 |
| 2017-11-07 | Kvartalsrapport 2017-Q3 |
| 2017-08-15 | Kvartalsrapport 2017-Q2 |
| 2017-05-18 | Ordinarie utdelning TETY 1.00 SEK |
| 2017-05-17 | Årsstämma 2017 |
| 2017-05-02 | Kvartalsrapport 2017-Q1 |
| 2017-02-14 | Bokslutskommuniké 2016 |
| 2016-11-01 | Inlösen TETY 3 |
| 2016-11-01 | Kvartalsrapport 2016-Q3 |
| 2016-10-25 | Extra Bolagsstämma 2016 |
| 2016-08-16 | Kvartalsrapport 2016-Q2 |
| 2016-05-19 | Ordinarie utdelning TETY 1.00 SEK |
| 2016-05-18 | Årsstämma 2016 |
| 2016-05-03 | Kvartalsrapport 2016-Q1 |
| 2016-02-14 | Bokslutskommuniké 2015 |
| 2015-11-03 | Kvartalsrapport 2015-Q3 |
| 2015-08-18 | Kvartalsrapport 2015-Q2 |
| 2015-05-26 | Inlösen TETY 2 |
| 2015-05-14 | Ordinarie utdelning TETY 1.00 SEK |
| 2015-05-13 | Årsstämma 2015 |
| 2015-05-05 | Kvartalsrapport 2015-Q1 |
| 2015-02-10 | Bokslutskommuniké 2014 |
| 2014-11-04 | Analytiker möte 2014 |
| 2014-11-04 | Kvartalsrapport 2014-Q3 |
| 2014-08-19 | Kvartalsrapport 2014-Q2 |
| 2014-05-15 | Ordinarie utdelning TETY 0.00 SEK |
| 2014-05-14 | Årsstämma 2014 |
| 2014-05-06 | Kvartalsrapport 2014-Q1 |
| 2014-02-11 | Bokslutskommuniké 2013 |
| 2013-11-12 | Kvartalsrapport 2013-Q3 |
| 2013-08-20 | Kvartalsrapport 2013-Q2 |
| 2013-05-23 | Ordinarie utdelning TETY 0.00 SEK |
| 2013-05-22 | Årsstämma 2013 |
| 2013-05-07 | Kvartalsrapport 2013-Q1 |
| 2013-02-12 | Bokslutskommuniké 2012 |
| 2012-11-12 | Kvartalsrapport 2012-Q3 |
| 2012-08-20 | Kvartalsrapport 2012-Q2 |
| 2012-05-17 | Ordinarie utdelning TETY 0.00 SEK |
| 2012-05-16 | Årsstämma 2012 |
| 2012-05-14 | Kvartalsrapport 2012-Q1 |
| 2012-02-13 | Bokslutskommuniké 2011 |
| 2011-11-14 | Kvartalsrapport 2011-Q3 |
| 2011-08-22 | Kvartalsrapport 2011-Q2 |
| 2011-05-26 | Ordinarie utdelning TETY 0.00 SEK |
| 2011-05-25 | Årsstämma 2011 |
| 2011-05-19 | Årsstämma 2011 |
| 2011-05-09 | Kvartalsrapport 2011-Q1 |
| 2011-02-17 | Bokslutskommuniké 2010 |
| 2010-11-12 | Kvartalsrapport 2010-Q3 |
| 2010-08-20 | Kvartalsrapport 2010-Q2 |
| 2010-05-20 | Ordinarie utdelning TETY 0.00 SEK |
| 2010-05-19 | Årsstämma 2010 |
| 2010-05-12 | Kvartalsrapport 2010-Q1 |
| 2010-02-16 | Bokslutskommuniké 2009 |
| 2009-11-13 | Kvartalsrapport 2009-Q3 |
| 2009-08-20 | Kvartalsrapport 2009-Q2 |
| 2009-05-22 | Ordinarie utdelning TETY 0.00 SEK |
| 2009-05-20 | Kvartalsrapport 2009-Q1 |
| 2009-05-20 | Årsstämma 1 |
| 2008-03-03 | Split TETY 1:3 |
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Råvaror |
| Industri | Olja & gas |
The Board of Directors proposes to the Annual General Meeting 2024 that no dividend for the financial year 2023 is to be paid. The Company is in the process of assessing the capital requirements across its asset portfolio and is also conducting a strategic review of the composition of the Group’s portfolio of oil and gas assets. Upon conclusion of the assessment of capital requirements and the strategic review, the Board aims to revisit the matter of shareholder distributions.
The parent company has distributable earnings (unrestricted equity) of MSEK 869.0 on 31 December 2023. As per 31 December 2023, the Group’s and the parent company’s equity ratio amounted to 88.7 percent and 98.0 percent, respectively.
Despite the parent company’s and Group’s solid financial position there remain uncertainty regarding both the near- and long-term capital requirements relating to the development of the Company’s portfolio of oil and gas assets, and until such time that these are fully understood the Board of Directors cannot confidently assess the Company’s ability to pay a dividend for the year 2023.
In parallel, the Group is conducting a strategic review of its portfolio of oil and gas assets with the aim of rebalancing the asset mix and increasing the visibility of the assets fair market value.
Upon conclusion of the assessment of capital requirements and the strategic review the Board aims to revisit the matter of shareholder distributions.
Tethys Oil’s Annual General Meeting 2024 is to be held in Stockholm on 15 May 2024.
For further information, please contact
Magnus Nordin, Managing Director, phone +46 8 505 947 00
Petter Hjertstedt, CFO, phone +46 8 505 947 00
ir@tethysoil.com
Tethys Oil AB (publ)
Tethys Oil is an oil exploration and production company with focus on onshore areas with known oil discoveries. The company’s core area is the Sultanate of Oman, where it holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has net working interest 2P reserves of 21.7 mmbo and net working interest 2C Contingent Resources of 15.5 mmbo and had an average oil production of 8,818 barrels per day during 2023. The company’s shares are listed on Nasdaq Stockholm (TETY). Website: www.tethysoil.com