View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Oliver Dunvold
  • Stian Wibstad
ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Oliver Dunvold
  • Stian Wibstad
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Oliver Dunvold
  • Stian Wibstad
ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Oliver Dunvold
  • Stian Wibstad

Energy Morning - 28 November 2024

Brent spot: USD 73.2bbl, down 0.83/bbl from last OSE close.OSX: 79.9, down 1% since last OSE close.Tethys oil (commissioned): Flow testing of the Kunooz-1 exploration well commenced.

ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad
ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad
ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

All share offer likely to be accepted

Q3 production much as expected. All share offer likely to be accepted. P/NAV of 1.00x discounts Brent to ~USD 82/bbl.

ABGSC Oil & Oil Services Research ... (+4)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold

All share offer at SEK 58.7/sh

Roc Oil Company bids SEK 58.7/sh for Tethys Oil. Offer in-line with ABGSC valuation, independent committee recommends the offer. Bid likely to be accepted.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

Small estimate changes despite lower guidance

Q2 EBITDA 8% above on lower costs. Reduced guidance, yet only small changes to estimates. Reiterate fair value range of SEK 30-55/sh.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

Moving ahead on block 56

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.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

Estimates slightly down after Q1

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.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

Estimates up on higher oil price assumptions

Increased estimates on higher oil price assumptions. Exciting exploration activities ahead. P/NAV of 0.57x discounts Brent to USD 65/bbl.

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth

Estimates down on lower production

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).

ABGSC Oil & Oil Services Research ... (+3)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Martin Mauseth
Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search

ResearchPool Subscriptions

Get the most out of your insights

Get in touch