Motor Oil Hellas Corinth Refineries S.A.

Motor Oil Hellas Corinth Refineries operates in the oil sector with its main activities being oil refining and oil products trading. Due to its flexibility, Co. can process crude oils of various characteristics and produce a full range of petroleum products, complying with the most stringent International Specifications, serving major petroleum marketing companies in Greece and abroad. Apart from fuels, Co. is the only lubricants producer and packager in Greece. Base oils and finished lubricants produced, are approved by International Organizations, ACEA, API, the U.S. NAVY & ARMY.
  • TickerMOH
  • ISINGRS426003000
  • SectorOil & Gas Producers
  • CountryGreece

Analysts

Motor Oil Sa: 1 director sold

A director at Motor Oil Sa sold 6,963 shares at 17.004EUR and the significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board me...

MOTOR OIL SA increases its risk exposure and slightly lowers to Neutral

MOTOR OIL SA (GR), a company active in the Exploration & Production industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date November 29, 2019, the closing price was EUR 21.24 and its expected value was estimated at EUR 21.57.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Nikos Koskoletos CFA

Motor Oil | Capex ramp up to enhance future FCF

In this report we are reflecting the group’s new capex plan in our numbers and reassessing the group’s longer term cash generation capacity, leading to a c. 10% upgrade to our 12m TP. Following years of significant cash generation and concurrent shareholder remuneration the group has opted to capitalize on its operating flexibility and ample balance sheet capacity to undertake a new capex plan involving a naphtha complex. This EUR 310mn project aims to produce some 700 MT of high value products, the vast majority (80-85%) being higher octane gasoline, hydrogen and kerosene. The objective is to...

Nikos Koskoletos CFA

MOTOR OIL | Solid performance underpinning enhanced yield

The group exhibits a unique capacity to consistently reward shareholders with a hefty dividend policy (LT avg. of 6.8%). The operation has been generating a significant amount of cash over the past 3 years slashing net debt to an all-time low level of EUR 166mn at the end of Q2 (parent stands at a net cash position), while also having distributed over EUR 300mn in dividends. In our view, there are pockets of additional value to be created either by an even more enhanced dividend policy or a reduction in financial expenses as the group carries over 80% of gross debt in cash. Capex ahead remai...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior