Nine Months 2019 Nostrum Oil & Gas PLC Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the 9 months 2019 financial results. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, the 19th of November 2019.
I would now like to turn the conference over to your speaker today, Tom Richardson. Please go ahead.
Hi. Good afternoon, everybody, and welcome to Nostrum's 9 Months 2019 Financial Results Presentation. It's Tom Richardson, CFO; and Kai-Uwe Kessel, CEO. The usual format will be applied. So I'd ask everybody to turn to the presentation, which has been uploaded onto the Nostrum website and to turn to Page 2 of the presentation, which goes over the highlights of the first 9 months 2019 financial results.
As everybody will have seen this morning, we announced revenue of $250 million and EBITDA of $158 million with our closing cash balance at $91.3 million, with a net debt of just over $1 billion. This, I believe, was broadly in line with expectations, given
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