Report
Baptiste Lebacq

Maurel et Prom : Un groupe désormais sans dette !

>Opinion Neutre et OC relevé à 5.2 € - La génération de cash a été très soutenue sur le semestre. Post publication, nous ajustons notre séquence de résultats, en intégrant principalement un taux d’imposition plus élevé qu’escompté. La situation financière n’est plus un sujet et M&P peut reprendre les initiatives en matière de M&A (à la suite de la préemption de l’état gabonais sur les actifs d’Assala que ciblait M&P). Nous réitérons notre recommandation Neutre sur le ...
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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