Guidance

20. Jan. 2022

Increase EBITDA for 2021 and higher oil price assumption for 2022

16. Sep. 2021

Increase for 2022
Following acquisition at Cub Creek and higher gas price

6. Jul. 2021

Increase after
Half-year results

26. Apr. 2021

Original Guidance

Group Sales

mn EUR

68-73

68-73

68-73

57-62

EBITDA

mn EUR

64-67

57-62

57-62

42-47

Guidance 2022

Group Sales

mn EUR

126 – 134

98 – 106

70 – 75

60 – 65

EBITDA

mn EUR

97 – 102

70 – 76

47 – 52

40 – 45

Guidance

Guidance 2021

20.01.2022

Increase EBITDA for 2021 and higher oil price assumption for 2022

16.09.2021

Increase for 2022
Following acquisition at Cub Creek and higher gas price

Sales

mn EUR

68-73

68-73

EBITDA

mn EUR

64-67

57-62

Guidance 2022

Sales

mn EUR

126 – 134

98 – 106

EBITDA

mn EUR

97 – 102

70 – 76

Guidance 2021

06.07.2021

Increase after
Half-year results

26.04.2021

Original Guidance

Sales

mn EUR

68-73

57-62

EBITDA

mn EUR

57-62

42-47

Guidance 2022

Sales

mn EUR

70 – 75

60 – 65

EBITDA

mn EUR

47 – 52

40 – 45

Guidance assumptions

20 January 2022

16 September 2021

6 July 2021

26 April 2021

Guidance

12 December 2022

Higher oil production
in Q4

14 October 2022

Publication of 9 month
results

25 April 2022

Publication of management report

20 January 2022

Higher oil price assumption for 2022

Guidance 2022

mn EUR

mn EUR

mn EUR

mn EUR

Group sales base scenario

Group sales higher price scenario

163-168

152-157

130-140

140-150

126-134

n.a.

EBITDA base scenario

EBITDA higher price scenario

138-143

128-133

110-120

120-130

97-102

n.a.

Guidance 2023

Group sales base scenario

Group sales higher price scenario

140-160

155-175

140-160

155-175

125-135

140-150

n.a.

n.a.

EBITDA base scenario

EBITDA higher price scenario

110-125

125-140

110-125

125-140

100-110

115-125

n.a.

n.a.

Guidance
Base scenario

2022

12 Dec 2022

Higher Q4 production

14 Oct 2022

Publ. 9-month report

Sales

mn EUR

163-168

152-157

EBITDA

mn EUR

138-143

128-133

2023

Sales

mn EUR

140-160

140-160

EBITDA

mn EUR

110-125

110-125

Guidance scenario
Higher prices

2022

12 Dec 2022

Higher Q4 production

14 Oct 2022

Publ. 9-month report

Sales

mn EUR

n.a.

n.a.

EBITDA

mn EUR

n.a.

n.a.

2023

Sales

mn EUR

155-175

155-175

EBITDA

mn EUR

125-140

125-140

Guidance assumptions

12 December 2022

Base scenario

Higher price scenario

14 October 2022

Base scenario

Higher price scenario

25 April 2022

Base scenario

Higher price scenario

20 January 2022