Market Undervalues Woodside's Optionality
We think no-moat-rated Woodside Petroleum Ltd (WPL AU) is 20% undervalued, and rate it the best value of the three large Australian exploration and...
129 Views
Last Week in Event SPACE – Santos, Qualcomm, Wharf, Sina, AVIC
Last week, the future's a gas as Harbour Energy circles Santos Ltd (STO AU); proxies to take up the fight as Qualcomm Inc (QCOM US) predictably...
221 Views
Santos Rejects AUD 4.55 Overtures From Harbour, But It's Unlikely to Be Over Yet
Santos Ltd (STO AU) confirmed it received a confidential cash takeover proposal from Harbour Energy in August 2017, contemplated to be undertaken...
226 Views
Santos – Harbour Energy Back to the Well?
The Australian Financial Review reported (pay-walled) on Wednesday night that Harbour Energy was tabling an A$5.30/share offer for Santos Ltd (STO...
327 Views
When Too Much Balance Sheet Stretch Is Never Enough. Oil Search Buys Alaskan Leases.
We make no change to our AUD 5.25 fair value estimate following Oil Search Ltd (OSH AU)'s acquisition of North Slope Alaska leases from Armstrong...
139 Views