BWE Oppdatert riktkurs 55 NOK

ErikNordnet
BWE 06.05.2021 kl 09:54 1418

Kan dagens fall bli en mulighet?

Hibiskus uppsida har minskat
Vi upprepar rekommendationen Köp och sänker riktkursen till 55 NOK (60). Bakgrunden är det negativa borresultatet från Hibiscus-utvärderingsbrunnen. Vi står fast vid vår grundinställning till BW Energy, eftersom det fortfarande är den billigaste oljeaktien. Aktien har fortsatt en begränsad balansräkningsrisk givet en nettokassa på 100 miljoner USD. Aktiekursen kommer sannolikt att sjunka på grund av de negativa resultaten.

Prognosöversyn
På grund av de något lägre rapporterade volymerna för första kvartalet 2021 minskar vi våra prognoser något för året. Vi lämnar våra prognoser för resten av prognosperioden oförändrade.

https://www.swedbank-aktiellt.se/analyser/2021/05/06/bw_energy.csp
Fresh Prince
06.05.2021 kl 09:56 1403

Analytiker Anders Holte i Kepler Cheuvreux:

– Det er åpenbart at aksjen vil falle. Den vil falle et sted mellom 5 og 10 kroner pr. aksje. Om aksjen faller til under 26 kroner pr. aksje så kjøper vi med begge hender, sier han.

https://finansavisen.no/nyheter/olje/2021/05/06/7668756/analytiker-spar-kursras-etter-afrika-smell
danmark1
06.05.2021 kl 09:59 1378

Den falder det, den steg på hypen. Vi er tilbage ved udgangspunktet, som jo stadig tilsiger en stigning på 100%.
tuja
06.05.2021 kl 10:01 1363

Varierende kursmål, men alle er godt på oppsiden av dagens kurs:

• Dry Hibiscus: Tonight, operator BW Energy and partner Panoro announced that the Hibiscus appraisal well was dry/water bearing. The existing Hibiscus 2P gross recoverable reserves of 46.1 mmboe (discovered in 2019), remain however unaffected. The remaining potential in the block, e.g. Hibiscus North and South exploration wells, is also unaffected as far as we understand. • NAV cut 10% for BW Energy and 7% for Panoro: Our Hibiscus valuation has been based on 80 mmboe, compared to 46 mmboe booked reserves and 155 mmboe indicated as the upside by the operator. Said differently, we had assigned some value to the upside potential. Following the dry Hibiscus appraisal well, we reduce our resource estimate from 80 mmboe to 46 mmboe. Our fair value estimate for Hibiscuses, excluding exploration upside, is down 42%. For BW Energy, we cut our NAV by NOK 4.9/share, or 10%. For Panoro, we cut our NAV by NOK 2.5/share, or 7%. • Theoretically fair share price decline of NOK 2.9 for BWE and NOK 1.7 for PEN: We stress that our fair value reduction does not correspond to the fair share price reaction on opening tomorrow as none of the companies are trading at their full NAVs. Theoretically, the share price reaction should be: (NAV reduction per share) x (EV/GAV). We estimate a theoretically fair share price decline of NOK 2.9 for BWE and NOK 1.7 for PEN. We would advise investors to Buy on weakness if the share prices decline more than these amounts, assuming a flat market. • Target prices trimmed, BWE to Neutral: To reflect the disappointing Hibiscus results and our NAV changes, we trim our BWE target price to NOK 30 (from 32) and Panoro target price to NOK 32 (from 34). We downgrade BWE to Neutral (from Buy) on lower upside to target price (share price up 6-7% today). We keep our Buy recommendation on Panoro.
Fresh Prince
06.05.2021 kl 10:04 1338

SB1M rykket ut nå og sa de har estimert et nytt Net Asset Value på 44,2 NOK per aksje for BWE, mao. er kursfallet overdrevent i deres øyne:) Skriver videre at en fair share price change er et fall på 2,9 NOK
tuja
06.05.2021 kl 10:20 1267

Fra PAS:

BW Energy and Panoro announces that the Hibiscus Extension well is dry. This is disappointing given the historical 100% success rate on exploration/appraisal wells at the Dussafu block. The well had potential to triple reserves at Hibiscus, but importantly do not impact the existing reserves that underpins the Hibiscus & Ruche development. Based on current market pricing, we expect BW Energy and Panoro to trade down NOK 5-7/share and NOK 3-4/share, respectively. We expect to lower our risked valuation (NAV) of BW Energy to NOK 37-38/share and Panoro to NOK 27-28/share (Brent USD 60/bbl long-term). As such, we will maintain BUY ratings on both companies. The rig will now move to drill another production well at Tortue, which will be followed by the Hibiscus North exploration prospect.
solb
06.05.2021 kl 10:24 1247

Her får man kaste av seg gruffen og komme videre. Det kommer vel garantert solskinnsdager fremover nå? 👍