Euronav NV (NYSE:EURN) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET

Company Participants

Brian Gallagher - Head of Investor Relations

Hugo De Stoop - Chief Executive Officer

Lieve Logghe - Chief Financial Officer

Conference Call Participants

Jon Chappell - Evercore

Frode Morkedal - Clarksons Securities

Thijs Berkelder - ABN AMRO ODDO BHF

Operator

Good day and welcome to the Euronav Fourth Quarter 2021 [sic] [First Quarter 2022] Earnings Conference Call. All participants’ will be in listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Brian Gallagher, Head of Investor Relations. Please go ahead.

Brian Gallagher

Thank you. Good morning and afternoon to everyone, and thanks for joining Euronav's Q1 2022 earnings call.

Before I start, I would like to say a few words. The information discussed on this call is based on information as of today, Thursday 12th of May 2022, and may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements reflect current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events, performance, underlying assumptions and other statements, which are not statements of historical facts. All forward-looking statements attributable to the company or to persons acting on its behalf are expressly qualified in their entirety by reference to the risks, uncertainties and other factors discussed in the company's filings with the SEC, which are available free of charge on the SEC's website at www.sec.gov and on our own website, at www.euronav.com.

You should not place undue reliance on forward-looking statements. And each forward-looking statement speaks only as of the date of the particular statement, and the company undertakes no obligation to publicly update or revise any forward-looking statements [Technical Difficulty] going forward. Actual results may differ materially from those forward-looking statements. Please take a moment to read our Safe Harbor statement on Page two of the slide presentation.

I will now pass on to Chief Executive, Hugo De Stoop, to start with the content slide on Slide three. Hugo, over to you.

Hugo De Stoop

Thank you, Brian and good morning or afternoon to wherever you are and welcome to our first quarter earnings call. I will run through the Q1 highlights before passing on to Lieve Logghe our CFO to give more details on the financial with a focus on our balance sheet and P&L. Brian Gallagher our Hear of IR and Research will then highlight some key trends in the wider tanker market and Euronav’s positioning within it.