Petrofac : Trading Statement : bonne nouvelle du côté de la dette nette
>Opinion Neutre maintenue, OC relevé à 520 p - Nous maintenons notre recommandation Neutre sur le titre et relevons nos attentes de BPA suite au trading statement du groupe. A la suite de ces ajustements, nous relevons notre OC à 520 p (nous intégrons une décote de 15% dans notre SOP afin d’intégrer le risque SFO (Serious Fraud Office), revenant implicitement à intégrer une amende de 350 M$). Le groupe reste positionné sur des marchés où les investissements sont...Petrofac is a holding company. Co. is engaged as a service provider to the oil and gas production and processing industry. Co. designs, builds, operates and maintains oil and gas facilities. Co. has three segments: Engineering & Construction, which provides engineering, procurement and construction project execution services to the onshore and offshore oil and gas industry; Engineering & Production Services, which includes engineering and production services activities to the oil and gas industry; and Integrated Energy Services, which provides an integrated service for clients, with projects that cover upstream developments project, related energy infrastructure projects, and investment.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.