Maintenance-Crimped Third Quarter Overshadowed by Takeover Bid
We are retaining our AUD 8.00 per share fair value estimate despite a soft third quarter, with just 14.5 mmboe produced, along with a...
284 Views
Volumes Impress for the PNG Liquefied Natural Gas Project
Oil Search reported better-than-expected production and revenue in third-quarter 2015. This is sufficient to drive forecast earnings increases,...
295 Views
Interview: Views on Woodside-Oil Search
Oil Search Limited rejected an $8 billion offer from rival Woodside Petroleum Ltd. In an interview with CTFN, two senior Squire Patton Boggs...
288 Views
Capital raise still doesn't quell the uncertainty but stock remains cheap towards the lower end
Origin Energy plans to raise A$2.5bn via an 4 for 7 fully underwritten pro rata renounceable entitlement offer. The offer price is A$4.0/share,...
279 Views
Origin Energy Blinks First, but Entitlements Offer Value
Origin Energy has a gearing problem, rather than a liquidity or earnings problem. The AUD 2.5 billion capital raising and other initiatives should...
278 Views