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SED Energy Holdings (ENH) investor relations material
SED Energy Holdings Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic priorities and business model
Focus on quarterly recurring shareholder distributions and maximizing value through operational excellence.
Leading tender rig operator in Southeast Asia with four tender barges and two semi-submersibles.
Global provider of high-end seismic services with two seismic source vessels.
Exploring expansion into new verticals and adjacent markets to drive growth.
Emphasis on extracting synergies and preserving balance sheet strength.
Financial performance and capital structure
LTM adjusted EBITDA of USD 92 million for drilling and USD 14 million for seismic services.
Total firm revenue backlog of USD 567 million as of Q2 2025, providing strong earnings visibility.
Net interest-bearing debt to EBITDA ratio at 0.2x by Q2 2025, significantly lower than industry peers.
Conservative debt level with only two assets securing the debt, supporting resilience and flexibility.
Flexible capital structure enables continued shareholder distributions and strategic investments.
Operational performance and cash flow
Fully contracted fleet ensures predictable earnings through 2028, with major contracts in Southeast Asia and the Gulf of Mexico.
Low operating cost base and high margins drive strong cash flow potential.
Estimated group free cash flow of USD 116 million at current market rates, with upside to USD 238 million at historical highs.
Strong cash conversion from efficient operations supports stable long-term shareholder distributions.
Ongoing evaluation of accretive growth opportunities within and beyond current segments.
Next SED Energy Holdings earnings date
Next SED Energy Holdings earnings date
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