Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.
This combination of email and password didn't match our records. Your account might not be activated. If so, please click on the link we sent you via email. You can also request a password reset or a new activation email using the links below.
MORE FILTERS
Q3 production much as expected. All share offer likely to be accepted. P/NAV of 1.00x discounts Brent to ~USD 82/bbl.
Q2 EBITDA 8% above on lower costs. Reduced guidance, yet only small changes to estimates. Reiterate fair value range of SEK 30-55/sh.
Q2 production slightly below. Focus in Q2: Exploration, FDP on Block 56 & strategic review. P/NAV of 0.59x, discounts Brent of USD 67/bbl.
Q1 figures in line – small estimate revisions. Awaits closing of merger between 3R and Enauta. Reiterate our fair value range of SEK 8.0-14.0/share.
Q1 EBITDA of USD 13.0m, slightly below ABGSCe. Small downwards revisions to estimates after Q1. P/NAV of 0.60x and discounts Brent of USD 69/bbl.
Increased estimates on higher oil price assumptions. Exciting exploration activities ahead. P/NAV of 0.57x discounts Brent to USD 65/bbl.
Including Brage acquisition in our estimates. Løvmeis exploration well in Q3'24 - the next big event. Revised fair value range of NOK 1.2-3.3/sh.
Small estimate changes after Q4. Continues to focus on growth strategy. P/NAV of 0.50x and discounts Brent of USD 55/bbl.
Q4 EBITDA of USD 21.5m, in line with ABGSCe. Estimates down on lower production assumptions. Fair value range revised to SEK 30-55 (40-75).
Maha has started to deploy its cash pile and execute on its M&A-focused growth strategy by acquiring 5% of 3R Petroleum.
Q4 trading update in line. '24e slightly down on lower oil price and production. P/NAV of 0.52x, discounts Brent to USD 55/bbl.
Small estimate changes after Q3. SEK 6.1/sh of net cash and good position for more growth. P/NAV of 0.63x and ~62% of market cap covered by net cash.
Save your current filters as a new Interest
Would you like to receive real-time email alerts when a new report is published under this interest?
These search results will show up under 'Saved searches' in the left panel
Would you like to receive real-time email when a new report matches this search?
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.