Output growth exciting, but does not drive valuation to the sky
18/09/23 -"Our target price rises by c.20% as we have improved key financial KPIs, especially for FY25 thanks to production growth and better oil price assumptions. The growth outlook does not, however, permit ..."
Pages
87
Language
English
Published on
18/09/23
You may also be interested by these reports :
19/06/26
We have revised adjusted EPS upward, driven by a stronger commodity deck. Brent rises to $87/72/65 per bbl in 2026-28e (from $62/63/66) and TTF gas ...
16/06/26
The deal is done. The market has moved on.
16/06/26
We have lowered our benchmark EPS for 2026, 2027 and 2028, driven by the reduced Brent deck flowing through to upstream realised liquids prices.
16/06/26
We have raised our adjusted EPS for 2026-28 to €1.73 / €1.53 / €1.47 (from €1.62 / €1.49 / €1.44). The lower Brent deck (87/72/65 $/bbl vs 95/80/75) ...