)
Visual24 Oct 2025
The rise of Alphabet
Kistos (KIST) investor relations material
Kistos H1 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2024 earnings summary25 Sep, 2024
Executive summary
Completed acquisition of EDF's UK gas storage business for £25 million, diversifying into midstream energy and increasing Hill Top working gas capacity by 24%.
H1 2024 production averaged 8,400 boepd, with full-year guidance of 7,500–8,500 boepd and peak production forecast above 15,000 boepd in 2025.
Revenue fell 13% to $113.3 million and Adjusted EBITDA dropped 34% to $48.6 million, mainly due to lower gas prices and production.
Net debt rose to $175 million, with cash at period end of $70–72 million, reflecting capex and tax payments.
Portfolio growth supported by strong operational performance at Greater Laggan Area and Balder, and high uptime at Balder.
Financial highlights
Adjusted revenue for H1 2024 was $113.3 million, down from $113.8 million in H1 2023 and $129.7 million pro forma.
Adjusted EBITDA was $48.6 million, down from $72.2 million in H1 2023.
Average realised oil price increased 8% to $82/bbl, but gas prices fell 33% year-over-year to $54/boe.
Unit opex rose to $29/boe due to lower production rates.
Net loss of $17.2 million, compared to a $14.5 million profit in H1 2023.
Outlook and guidance
Full-year 2024 production guidance set at 7,500–8,500 boepd.
Production expected to peak above 15,000 boepd in 2025, driven by new wells and asset ramp-up.
Jotun FPSO (Balder Future) start-up delayed to Q2 2025, with protections in place against cost overruns via Hybrid Bond structure.
FEED study underway for recommissioning Hole House gas storage, with potential 60% capacity uplift.
Continued M&A appetite in both traditional energy and energy transition sectors.
Balder Future delay: Hybrid Bond impact?
Hole House recommissioning outlook?
How will Kistos address potential liquidity risks?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Kistos Holdings Plc is an independent energy company based in the UK, focused on the development and production of natural gas and other hydrocarbons. The company operates primarily in the UK, Norway, and the Netherlands, with key assets including interests in the North Sea and onshore Netherlands. Its operations involve both exploration and production, with notable assets such as the Q10-A gas field offshore Netherlands and the Greater Laggan Area gas fields in the UK. Kistos aims to support the energy transition by focusing on low-carbon development opportunities within the hydrocarbon sector. The company is headquartered in London, United Kingdom, and its shares are listed on the London Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage