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Latest research

Date
Reason
Reason
Industry
Document sector
Pages
Pages
When
Date
Text
Report by
Analyst21
Analyst2
Analyst3
Analyst4

Reason
Results Review
Industry
Seismic
Pages
17
When
2019-10-18T07:24:28+2
What’s new: 3q19 review, negative 1% revision to 2019-20E EBITDA, new TP NOK 20/sh (22)
Our take: PGS delivering operationally and strong booking improves position ahead of refi. Estimate revisions on back of weaker late sales offset by higher contract contribution.
Report by
Håkon Omsted, Analyst
Truls Olsen, Head of research
Gustaf Amlé, Credit Analyst

Reason
Update
Industry
Dry Bulk
Pages
13
When
2019-10-15T21:31:07+2
What’s new: S&L transaction with OCY and announcement of dividends starting 4q19
Our take: Rate momentum playing in 2020’s favour. The ultimate dry bulk yield vehicle set to distribute all FCF from 4q19. Reiterate Buy, TP NOK 100 (unch.).
Report by
Espen L. Fjermestad, Analyst
Peder Nicolai Jarlsby, Analyst

Industry
Fixed Income E&P
Pages
36
When
2019-10-15T09:07:21+2


Reason
Update
Industry
Nordic Energy
Pages
15
When
2019-10-15T08:47:28+2
What’s new: Update ahead of 3q19 results. Buy (Hold)
Our take: A 3q19 update on the soft side should lead to downward rev. from CS ahead of reporting, though we see limited impact beyond. Upgrade on weak share performance lately
Report by
Jørgen Torstensen , Analyst
Gustaf Amlé, Credit Analyst

Industry
Offshore/Oil Services
Pages
2
When
2019-10-15T08:24:11+2


Industry
Shipping
Pages
126
When
2019-10-14T09:16:54+2


Reason
Update
Industry
Dry Bulk
Pages
15
When
2019-10-11T08:42:53+2
What’s new: Update
Our take: Rate momentum playing in 2020’s favour. The ultimate dry bulk yield vehicle set to distribute all FCF from 2020 (or already in 4q19). Reiterate Buy, TP NOK 100 (unch.).
Report by
Espen L. Fjermestad, Analyst
Peder Nicolai Jarlsby, Analyst

Equity & Credit Research

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Truls Olsen | Managing Director | Research

VLGC Market Outlook with Fearnresearch

Our Equity Analyst, Peder Nicolai Jarlsby and Senior Analyst LPG, Martin Kjendlie goes in-depth on the booming VLGC market. Watch the full video in our research portal.

Published

October 16, 2019