Tethys Oil Logo

Tethys Oil

ISIN

SE0017859259

Ticker

TETY

Sector

Energy

Sub-Industry

Oil & Gas Exploration & Production

Country

Sweden

Year Founded

2001

About Tethys Oil

Company Description

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 has been present since 2006 and currently holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has 2P reserves of 26.2 mmbo and 2C Contingent Resources of 15.6 mmbo and had an average oil production of 11,136 barrels per day during 2021.

Served Area

Worldwide

Headquarters

Hovslagargatan 5B, 1 tr.
11148, Stockholm
Sweden

Financial statements

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Line item in (usd) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 280,300,000.00 284,500,000.00 316,000,000.00
Noncurrent Assets N/A 215,600,000.00 206,000,000.00 246,900,000.00
Oil And Gas Assets N/A 215,300,000.00 204,900,000.00 246,100,000.00
Other Property Plant And Equipment N/A 300,000.00 1,100,000.00 800,000.00
Current Assets N/A 64,700,000.00 78,500,000.00 69,100,000.00
Trade And Other Current Receivables N/A 9,100,000.00 9,200,000.00 26,900,000.00
Current Prepaid Expenses N/A 200,000.00 700,000.00 700,000.00
Cash and cash equivalents 75,600,000.00 55,400,000.00 68,600,000.00 41,500,000.00
Equity And Liabilities N/A 280,300,000.00 284,500,000.00 316,000,000.00
Equity 276,300,000.00 257,700,000.00 256,600,000.00 285,200,000.00
Issued Capital N/A 800,000.00 800,000.00 800,000.00
Retained Earnings N/A 178,800,000.00 179,200,000.00 213,700,000.00
Other Reserves N/A 1,800,000.00 300,000.00 -5,600,000.00
Additional Paidin Capital N/A 76,300,000.00 76,300,000.00 76,300,000.00
Liabilities N/A 22,600,000.00 27,900,000.00 30,800,000.00
Noncurrent Liabilities N/A 12,800,000.00 13,600,000.00 11,200,000.00
Noncurrent Provisions N/A 12,500,000.00 12,800,000.00 10,800,000.00
Other Noncurrent Liabilities N/A 300,000.00 800,000.00 400,000.00
Current Liabilities N/A 9,800,000.00 14,300,000.00 19,600,000.00
Current Provisions N/A 0.00 200,000.00 0.00
Trade And Other Current Payables N/A 9,800,000.00 14,100,000.00 19,600,000.00
Line item in (usd) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Sale Of Oil And Gas Products 110,700,000.00 113,500,000.00 149,400,000.00
Depreciation And Amortisation Expense 44,500,000.00 41,200,000.00 40,500,000.00
Profit Loss From Operating Activities 5,800,000.00 16,100,000.00 54,200,000.00
Finance Income 7,800,000.00 15,200,000.00 23,500,000.00
Finance Costs 10,300,000.00 14,600,000.00 18,800,000.00
Profit Loss Before Tax 3,300,000.00 16,700,000.00 58,900,000.00
Income Tax Expense Continuing Operations 0.00 0.00 600,000.00
Profit (loss) 3,300,000.00 16,700,000.00 58,300,000.00
Profit Loss Attributable To Owners Of Parent 7,000,000.00 15,200,000.00 52,400,000.00
Profit Loss Attributable To Noncontrolling Interests 0.00 0.00 0.00
Line item in (usd) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 3,300,000.00 16,700,000.00 58,300,000.00
Adjustments For Depreciation And Amortisation Expense N/A N/A 41,100,000.00 40,500,000.00
Other Adjustments For Noncash Items N/A N/A -700,000.00 -4,400,000.00
Interest Paid Classified As Operating Activities N/A 0.00 0.00 N/A
Interest Received Classified As Operating Activities N/A 100,000.00 0.00 N/A
Cash Flows From Used In Operating Activities N/A 52,100,000.00 64,900,000.00 87,000,000.00
Purchase Of Other Longterm Assets Classified As Investing Activities N/A N/A 0.00 300,000.00
Cash Flows From Used In Investing Activities N/A -45,400,000.00 -35,200,000.00 -89,300,000.00
Dividends Paid Classified As Financing Activities N/A 7,000,000.00 7,800,000.00 6,600,000.00
Cash Flows From Used In Financing Activities N/A -25,900,000.00 -16,500,000.00 -24,600,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -19,200,000.00 13,200,000.00 -26,900,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -1,000,000.00 0.00 -200,000.00
Cash and cash equivalents 75,600,000.00 55,400,000.00 68,600,000.00 41,500,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Swedish 🇸🇪 Published: 09.05.2023
  • Consolidated Report 2021 - Q4 Swedish 🇸🇪

Insider Trades

Date Trading entity / Person Association Trade type Volume
11.05.2023 Klas Brand Other Buy SEK 101,200.00
11.05.2023 Per Seime Other Buy SEK 101,100.00
10.05.2023 Petter Hjertstedt Other Buy SEK 60,960.00
09.05.2023 Petter Hjertstedt Other Buy SEK 101,300.00
09.05.2023 Fredrik Robelius Other Buy SEK 50,400.00

Capital Markets Information

ISIN

SE0017859259

LEI

549300WI3UNWMNQDVQ18

Sector

Energy

Industry Group

Energy

Listed Stock Exchange

Nasdaq Stockholm

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