Report
Baptiste Lebacq

Maurel et Prom : Les ajustements sur 2020 ont joué à plein

>Opinion Neutre et OC ajusté à 2.2 € (mise à jour du scénario pétrolier) - A la suite de la publication des résultats 2020 et surtout dans le cadre de notre nouveau scénario pétrolier (Brent 60 $ sur 2021/22 vs 50 $ sur 2020 et 55 $ sur 2022), nous relevons notre séquence de résultats ainsi que notre OC à 2.2 € (vs 2 € avant) obtenu par DCF. Nous maintenons notre opinion Neutre sur le titre. Il a réussi à passer ce nouveau creux de marché et a significativement abaiss...
Underlying
Etablissements Maurel & Prom SA

Etablissements Maurel et Prom is engaged in the oil and gas industry. Co. is engaged in mainly two activities: exploration and production of oil and gas; and oil drilling. The goal of the exploration business is to discover exploitable accumulations of hydrocarbons. It includes geological and geophysical studies, acquisition and seismic processing as well as exploratory drilling. Co. operates in 12 countries and 4 continents, including Colombia, Peru, France, Italy, Congo, Tanzania, Gabon, Namibia, and Mozambique. Co. is also engaged in a project of gold exploration in Mali. As of Dec. 31 2013 Co. had close to 100,000 sq. km of exploration areas in 12 countries on 4 continents.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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