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Wintershall Dea AG Friedrich-Ebert-Straße 160 34119 Kassel, Germany http://wintershalldea.com
Contact Mr Markus Zeise +49 561 3013301
Company logo of Wintershall Dea AG
Wintershall Dea AG

Q2 2021 results: strong financial performance and continued progress on our strategic priorities

(PresseBox) (Kassel, )
Wintershall Dea, Europe’s leading independent gas and oil company, today reported on its Q2 2021 results:

Operational performance was strong, with Q2 production of 613 mboe/d, despite significant planned maintenance. As a result, H1 production was 636 mboe/d, on track to achieve tightened full year guidance of 630-640 mboe/d.

Financial performance was also robust, with EBITDAX up 140% year-on-year at €636 million and adjusted net income up 93% year-on-year at €168 million. Having reduced net debt by over €2 billion year-on-year, Wintershall Dea has brought its leverage back to within its target range of 1.7x.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.