External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

Northern Ocean Ltd. operates as an international drilling contractor. The Company focuses on distressed asset play on a recovery in the offshore drilling market, as well as owns two semi-submersible rigs, west mira and bollsta dolphin.

Key points<ul><li>NOL is a high-quality rig operator with potential for deepwater drilling</li><li>NOL offers an opportunity for investors interested in exposure to the offshore drilling sector</li><li>NOL presents an asymmetric levered equity play on deepwater drilling for investors willing to take on the associated risks</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key pointsNOL is a high-quality rig operator with potential for deepwater drillingNOL offers an opportunity for investors interested in exposure to the offshore drilling sectorNOL presents an asymmetric levered equity play on deepwater drilling for investors willing to take on the associated risksThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Northern Ocean (NOL.OL) - Monday, Aug 5, 2024

Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Panoro Energy ASA explores for oil and natural gas in Brazil, Gabon, and Nigeria . The Company operates offshore in the Camamu-Almada and Santos basins.

<ul>
<li>The C-45 infill well on Block G in Equatorial Guinea has been put on stream at a gross rate of 5 mbbl/d on a restricted choke.</li>
<li>Production could increase as the choke size is increased.</li>
<li>While this is line with the company’s expectations, this takes gross production in EG to ~30 mbbl/d.</li>
</ul>


The C-45 infill well on Block G in Equatorial Guinea has been put on stream at a gross rate of 5 mbbl/d on a restricted choke.
Production could increase as the choke size is increased.
While this is line with the company’s expectations, this takes gross production in EG to ~30 mbbl/d.


Panoro Energy ASA (OSE: PEN): High Flow Rate at EG Infill Well

External broker reports(aggregated public sources), Nordea

Nordea

External broker reports(aggregated public sources)

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Macroeconomics

<ul><li>Next Thursday Norges Bank will keep its key rate at 4.5% as signalled and widely expected.</li><li>As this is an ‘interim’ meeting there will be no new forecasts, only a verbal press statement.</li><li>The statement will highlight that inflation has come in slightly lower than expected but that it is still too high, but also that the NOK has been weaker and forward rates abroad has increased.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Next Thursday Norges Bank will keep its key rate at 4.5% as signalled and widely expected.As this is an ‘interim’ meeting there will be no new forecasts, only a verbal press statement.The statement will highlight that inflation has come in slightly lower than expected but that it is still too high, but also that the NOK has been weaker and forward rates abroad has increased.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Schibsted ASA, through its subsidiaries, owns and operates online classifieds services. The Company also owns and operates media houses with print and online positions. Schibsted operates in parts Europe and other international markets.

<ul><li>Schibsted is simplifying its business to become a pure-play online classifieds company</li><li>The company's biggest driver is Norway, operating across four verticals and four geographies</li><li>Recent initiatives including asset sales and cost reduction plans have positioned Schibsted for improved operating performance and growth potential</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Schibsted is simplifying its business to become a pure-play online classifieds companyThe company's biggest driver is Norway, operating across four verticals and four geographiesRecent initiatives including asset sales and cost reduction plans have positioned Schibsted for improved operating performance and growth potentialThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Schibsted (SCHB NO) - Friday, Aug 2, 2024

FX & Rates

The Norwegian krone is the official currency of the Kingdom of Norway.  The US dollar is the official currency of the United States of America.

<ul><li>Our forecast implies a slight further weakening of NOK towards year-end and a somewhat stronger NOK next year.</li><li>But if Trump becomes president, the rate cut cycle in the US could soon end and the USD could strengthen further.</li><li>We therefore see a clear risk of a weaker NOK than our current forecasts imply.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Our forecast implies a slight further weakening of NOK towards year-end and a somewhat stronger NOK next year.But if Trump becomes president, the rate cut cycle in the US could soon end and the USD could strengthen further.We therefore see a clear risk of a weaker NOK than our current forecasts imply.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

NOK Update: Risk of Weaker NOK with Trump as President

Norway
Insights on Norway

Northern Ocean (NOL.OL) - Monday, Aug 5, 2024

Potential investment opportunity in NOL for investors interested in exposure to deepwater drilling, with high-quality rigs and the potential for...

Value Investors Club

Panoro Energy ASA (OSE: PEN): High Flow Rate at EG Infill Well

The C-45 infill well on Block G in Equatorial Guinea has been put on stream at a gross rate of 5 mbbl/d on a restricted choke.Production could...

Auctus Advisors

Norges Bank Preview: No change

Next Thursday Norges Bank will keep its key rate at 4.5% as signalled and widely expected. As this is an ‘interim’ meeting there will be no new...

Nordea

Schibsted (SCHB NO) - Friday, Aug 2, 2024

Schibsted is simplifying its business to become a pure-play online classifieds company. The company's biggest driver is Norway, operating across...

Value Investors Club

NOK Update: Risk of Weaker NOK with Trump as President

Our forecast implies a slight further weakening of NOK towards year-end and a somewhat stronger NOK next year. But if Trump becomes president, the...

Nordea