Eastern Mediterranean-focused gas producer Energean cut its 2026 production forecast and dividend on Wednesday after a 41-day shutdown of its Israeli operations hammered its first-quarter results.

Energean cut its dividend and lowered its 2026 production guidance after a 41-day shutdown at Israel’s Karish gas field sharply reduced first-quarter output and earnings.

Eastern Mediterranean-focused gas producer Energean cut its 2026 production forecast and dividend on Wednesday after a 41-day shutdown of its Israeli operations hammered its…