View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
ABGSC Renewable Energy Research ... (+8)
  • ABGSC Renewable Energy Research
  • Adrian Gilani
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Olof Cederholm
  • Stian Wibstad
ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland

Smaller adjustments into Q2

Q2e EBITDA of NOK 665m. Estimates up 3-6% on higher power forwards & FX. P/core NAV ~0.84x, lowest in our coverage - BUY.

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland

Margin guidance is blowing in the wind

Q2e: we expect adj. EBIT of EUR 100m. '24e at risk due to increasingly back-end loaded year. '24e P/E 42x vs. historical 12m fwd. range of 15-20x – HOLD.

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland

Step by step, quarter by quarter

We expect Q2 "clean" EBITDA of DKK 4,411m. Small '24e estimate changes on cancellation fee reversal. P/cNAV of ~1x, but ~40% upside if mgmt. delivers on 2026 targets.

Helene Kvilhaug Brøndbo
  • Helene Kvilhaug Brøndbo

Bonheur Minor model adjustments

We have updated our estimates ahead of the Q2 results (due at 08:00 CET on 11 July), with new power prices and FX. We do not consider these changes to be material, and we have not changed our BUY recommendation. We reiterate our NOK275 target price.

Ahmed Ben Salem ... (+3)
  • Ahmed Ben Salem
  • Marc Lavaud
  • Thijs Berkelder

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/04/2024

Sartorius is set to outperform the underlying biopharmaceutical market based on higher exposure to novel biologics and its focus on single-use components. Destocking is likely to end soon but the changing ordering pattern could distort order intake as KPI and organic growth should recover faster. In our view, the expected cut to its FY 2024 guidance is already largely reflected in the share price. Based on the expected turnaround, we have upgraded to Outperform with a new target price...

Ahmed Ben Salem ... (+3)
  • Ahmed Ben Salem
  • Marc Lavaud
  • Thijs Berkelder

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 04/07/2024

Sartorius is set to outperform the underlying biopharmaceutical market based on higher exposure to novel biologics and its focus on single-use components. Destocking is likely to end soon but the changing ordering pattern could distort order intake as KPI and organic growth should recover faster. In our view, the expected cut to its FY 2024 guidance is already largely reflected in the share price. Based on the expected turnaround, we have upgraded to Outperform with a new target price...

Ahmed Ben Salem ... (+3)
  • Ahmed Ben Salem
  • Baptiste Lebacq
  • Thijs Berkelder

ODDO : Trump / Biden: Drill Baby Drill vs IRA? Not such a clear-cut eq...

>Elections for the no.1 oil producer on 5 November - The first debate between Trump and Biden on CNN last week did not address the questions/challenges surrounding energy. At the end of this very unique year (almost half of the global population will go to, or has already been to, the ballot box), all eyes will be on the US elections (5 November 2024), a country that has become the world’s no.1 oil producer (production growth of 19% under the Biden mandate, see char...

Ahmed Ben Salem ... (+3)
  • Ahmed Ben Salem
  • Baptiste Lebacq
  • Thijs Berkelder

ODDO : Trump / Biden : Drill Baby Drill versus IRA ? Une équation pas ...

>Elections chez le premier producteur de pétrole le 5 novembre - Le premier débat entre Trump et Biden qui s’est déroulé sur CNN la semaine dernière n’a pas abordé les questions/ enjeux énergétiques. En cette fin d’année si particulière (près de la moitié de la population mondiale passera ou est passée par les urnes), les yeux seront rivés sur les élections américaines (5 novembre 2024) qui est devenu le premier producteur mondial de pétrole (croissance de la product...

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
 PRESS RELEASE

Equinor ASA: Share buy-back

Equinor ASA: Share buy-back Please see below information about transactions made under the second tranche of the 2024 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO). Date on which the second tranche of the 2024 programme was announced: 25 April 2024. The duration of the second tranche of the 2024 programme: 16 May to no later than 22 July 2024. Further information on the tranche can be found in the stock market announcement on its commencement dated 25 April 2024, available here: From 24 June until 28 June 2024, Equinor ASA has purchased ...

 PRESS RELEASE

Equinor ASA: Tilbakekjøp av egne aksjer

Equinor ASA: Tilbakekjøp av egne aksjer Nedenfor følger informasjon om transaksjoner foretatt under andre transje av Equinor ASAs (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO) tilbakekjøpsprogram for 2024. Dato for når andre transje av 2024-programmet ble annonsert: 25. april 2024. Varigheten til andre transje av 2024-programmet: 16. mai til senest 22. juli 2024. Ytterligere informasjon om transjen kan finnes i børsmelding om dens oppstart datert 25. april 2024, tilgjengelig her: Fra 24. juni til 28. juni 2024, har Equinor ASA kjøpt tilbake totalt 1.500.000 egne aksjer til en g...

 PRESS RELEASE

Equinor ASA: Completed share capital reduction

Equinor ASA: Completed share capital reduction On 14 May 2024, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) decided that the company’s share capital shall be reduced by NOK 525,808,437.50 from NOK 7,507,761,512.50 to NOK 6,981,953,075.00, through cancellation and redemption of a total of 210,323,375 shares. The creditor deadline for the capital reduction has expired and the capital reduction was registered effective with the Norwegian Register of Business Enterprises today, 2 July 2024. Following completion of the capital reduction the share capital of the company is ...

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
ABGSC Renewable Energy Research ... (+8)
  • ABGSC Renewable Energy Research
  • Adrian Gilani
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Olof Cederholm
  • Stian Wibstad

Renewable Weekly – 28 June 2024

This week, we highlight our recent case refresher on CADLR.

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 28/06/2024

AUCTUS PUBLICATIONS ________________________________________ Chariot (CHAR LN)C: target price of £0.50 per share: Key step towards developing future gas to industry business onshore Morocco – Chariot has signed Heads of Terms with Vivo Energy for the future offtake from the Loukos onshore licence where natural gas has been encountered at Dartois. Up to 3 mmcf/d would be initially sold to the CNG midstream business under a long-term gas sales agreement. Vivo intends to design, fund, construct and...

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland

Just getting started

The clear no. 1 in a market set for a ~30% volume CAGR. Day rates going to all-time highs as developers rush to reserve capacity. Share could double over next three years – BUY.

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