Report
Baptiste Lebacq

Schoeller Bleckmann : Bien préparé pour résister (comme lors de l’entrée en crise de 2014)

>Recommandation Achat inchangée (OC 50 € vs 55 €)  : une santé rassurante - Nous avions déjà ajusté nos attentes (BPA 2020e -32 % et BPA 2021e -48%) dans notre papier sectoriel (Guerre(s) ouverte(s)), nous les ajustons une nouvelle fois à la baisse à la suite aux annonces de baisses de Capex plus rapides qu’escompté des acteurs du shale oil aux USA. Post publication, le titre a affiché une hausse de 4,7% que nous attribuons au signal positif à CT envoyé par la hausse ...
Underlying
Schoeller-Bleckmann Oilfield Equipment AG

Schoeller-Bleckmann Oilfield Equipment is engaged as a producer of high precision components and a supplier of oilfield equipment for the oilfield service industry. Co. focuses on non-magnetic drillstring components (non-magnetic drill collars) and downhole tools for drilling and completing directional and horizontal wells. The High Precision Components segment consists of the manufacturing of MWD (Measuring While Drilling) and LWD (Logging While Drilling) precision drillstring components. The Oilfield Equipment segment comprises production and distribution of non-magnetic drill collars, drilling motors and tools for downhole circulation applications, repair and maintenance services.

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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