reports
- Martin Huseby Karlsen
- Martin Huseby Karlsen
- Martin Huseby Karlsen
Ventura Offshore - Initiation of coverage - In a deepwater hot spot
In a deepwater hot spot With a local footprint, superior cost structure and recently executed 5-year surveys, we consider Ventura Offshore well placed to generate solid cash flows even under its current legacy dayrates. We also see a bright outlook for new long-term contracts starting in mid-2026, supported by ongoing tenders and Petrobras’ rig demand comments. In our view, new contracts at leading-edge dayrates (cUSD400k) would be key to the investment case, with the stock trading at a 2027e EV...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.