Koninklijke Vopak N.V.·Energy

Dutch tank storage and terminal operator Vopak has pushed back a final investment decision (FID) on South Africa's first liquefied natural gas terminal to 2028, a senior executive said on Wednesday.

Noble (NYSE: NE - Get Free Report) and Royal Vopak (OTCMKTS:VOPKY - Get Free Report) are both mid-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends. Institutional and Insider Ownership 68.1% of Noble shares

Koninklijke Vopak N.V. (VOPKY) Q4 2025 Earnings Call Transcript

Vopak announces a multi-year share buyback program of up to EUR 500 million and commences the first tranche of up to EUR 100 million Rotterdam, the Netherlands, 25th February 2026 Vopak intends to commence a multi-year share buyback program of up to EUR 500 million, expected to be executed by year-end of 2030 in multiple tranches. This share buyback program is part of the shareholder distributions program of around EUR 1.7 billion through year-end 2030. In addition to the multi-year share buyback program, Vopak has enhanced the progressive dividend policy, through which the company intends to increase its dividend per share by 5% or more annually. For further details please refer to the FY 2025 press release published on 25 February 2026. The first tranche of the multi-year share buyback program, of up to EUR 100 million, will commence on 26 February 2026 and end no later than 26 February 2027, barring unforeseen circumstances. Vopak will cancel the repurchased shares subject to the relevant board and shareholder approvals. The share buyback program will be executed pursuant to the safe harbour regime of the Market Abuse Regulation and within the limits of the existing authority granted at the 2025 Annual General Meeting on 23 April 2025, and, subsequently, the authority (if granted) by the 2026 Annual General Meeting on 22 April 2026. The share buyback program will be executed by an independent intermediary, allowing the execution of open market transactions during open and closed periods. Vopak confirms the absence of any agreement with its existing shareholders regarding their potential participation in the share buyback program. The share buyback program is separate from any share transactions Vopak may execute to cover obligations under its long-term incentive programs for employees. The share buyback program may be suspended, modified or discontinued at any time. Vopak will provide weekly updates on the progress of the share buyback program through press releases and transaction details on Vopak's website for the duration of the program. This press release contains inside information as meant in clause 7 of the Market Abuse Regulation. About Royal Vopak Royal Vopak helps the world flow forward. At ports around the world, we provide storage and infrastructure solutions for vital products that enrich everyday life. These products include liquids and gases that provide energy for homes and businesses, chemicals for manufacturing products, and edible oils for cooking. For all of these, our worldwide network of terminals supports the global flow of supply and demand. For more than 400 years, Royal Vopak has been at the forefront of fundamental transformations. With a focus on safety, reliability, and efficiency, we create new connections and opportunities that drive progress. Now more than ever, we are supporting the world's evolving needs. Together with our partners and customers, we are investing in gas, industrial and energy transition infrastructure – paving the way to a more sustainable future. Vopak is listed on Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit www.vopak.com For more information please contact Vopak Press: Liesbeth Lans - Manager External Communication, e-mail: global.communication@vopak.com Vopak Analysts and Investors: Fatjona Topciu - Head of Investor Relations, e-mail: investor.relations@vopak.com

The Netherlands, 25 February 2026 Vopak reports record financial results for 2025 and announces shareholder distributions program of around EUR 1.7 billion through year-end 2030 Key highlights Improve Net profit -including exceptional items- FY 2025 increased by 61% to EUR 604 million and EPS of EUR 5.23 increased by 68% year-on-year Proportional operating free cash flow in FY 2025 increased to EUR 823 million leading to a record proportional operating free cash flow per share of EUR 7.13 per share, 7% increase year-on-year Proposed dividend for FY 2025 of EUR 1.80 per share, 12.5% increase year-on-year Well-positioned to achieve our ambition of investing EUR 4 billion by 2030, supporting our operating cash return range of 13% to 17% Shareholder distributions program of around EUR 1.7 billion through year-end 2030, consisting of an annual increase of 5% or more in the dividend per share, and a multi-year share buyback program of up to EUR 500 million Grow In Q4 2025, we took FID on a project to further expand gas infrastructure at Gate terminal in the Netherlands with an additional jetty to strengthen its market leadership in LNG bunkering in Rotterdam The deployment of capital towards gas and industrial infrastructure is progressing well, in total EUR 1.1 billion growth commitments are under construction in the Netherlands, Colombia, India and Canada Accelerate The deployment of capital towards energy transition infrastructure is progressing, in total EUR ~200 million growth commitments are under construction in the Netherlands and Malaysia Q4 2025 Q3 2025 Q4 2024 In EUR millions 2025 2024 IFRS Measures -including exceptional items- 325.8 321.6 336.9 Revenues 1,298.9 1,315.6 197.5 87.9 63.9 Net profit / (loss) attributable to holders of ordinary shares 604.0 375.7 1.72 0.77 0.56 Earnings per ordinary share (in EUR) 5.23 3.12 213.1 258.5 210.2 Cash flows from operating activities (gross) 967.4 947.5 -153.6 -141.9 -120.0 Cash flows from investing activities (including derivatives) -592.1 -495.3 Alternative performance measures -excluding exceptional items- 1 467.0 467.3 485.0 Proportional revenues 1,916.4 1,917.5 281.8 286.5 276.7 Proportional group operating profit / (loss) before depreciation and amortization (EBITDA) 1,183.6 1,170.2 179.7 193.1 158.3 Proportional operating free cash flow 823.3 806.0 108.0 89.0 79.0 Net profit / (loss) attributable to holders of ordinary shares 411.9 403.1 0.94 0.78 0.67 Earnings per ordinary share (in EUR) 3.57 3.34 Business KPIs 35.5 35.8 35.4 Storage capacity end of period (in million cbm) 35.5 35.4 20.4 20.4 20.4 Proportional storage capacity end of period (in million cbm) 20.4 20.4 91% 91% 93% Subsidiary occupancy rate 91% 92% 92% 90% 93% Proportional occupancy rate 91% 93% Financial KPIs 1 13.7% 14.7% 11.8% Proportional operating cash return 15.6% 15.1% 2,699.9 2,679.6 2,672.0 Net interest-bearing debt 2,699.9 2,672.0 2.45 2.49 2.35 Total net debt : EBITDA 2.45 2.35 1.57 1.68 1.36 Proportional operating free cash flow per share (in EUR) 7.13 6.69 2.60 2.56 2.67 Proportional leverage 2.60 2.67 Sustainability performance Total Injury Rate (TIR) 0.23 0.21 Lost-time Injury Rate (LTIR), own employees and contractors (per 200,000 hours worked) 0.11 0.11 Process Safety Event Rate (PSER) 0.11 0.08 Total GHG emissions 2 - Scope 1 & 2 (in 1,000 metric tons) 196.9 224.5 Percentage women in senior management positions 22% 22% CEO message 2025 was a year of disciplined strategy execution and sustained momentum for Vopak. Demand for our services remained strong resulting in a proportional occupancy rate of 91%, a record high proportional EBITDA and a record proportional operating free cash flow.
Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines. The company operates 73 terminals in 23 countries with a storage capacity of 36.2 million cubic meters. Koninklijke Vopak N.V. was founded in 1616 and is headquartered in Rotterdam, the Netherlands.
Energy
Oil & Gas Midstream
4,928
2016-08-25
0.78