OIL INDIA LIMITED Investor Presentation
|
|
- Ronald Ward
- 5 years ago
- Views:
Transcription
1 Oil India Investor Presentation Q1-Q3 FY21 OIL INDIA LIMITED Investor Presentation February, 21 Disclaimer This presentation contains certain forward looking statements concerning OIL India s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India, ability to attract and retain highly skilled professionals, time and cost over runs on projects, our ability to manage our international operations, government policies and actions with respect to investments, fiscal deficits, regulations, etc., interest and other fiscal costs generally prevailing in the economy. The company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the company. 2
2 Oil India Investor Presentation Q1-Q3 H1 FY29 FY21 Sector outlook and opportunities OIL India An overview Business structure, performance and strategy Financial performance Oil India Investor Presentation Q1-Q3 H1 FY29 FY21 Sector outlook and opportunities OIL India An overview Business structure, performance and strategy Financial performance
3 Global Oil and Gas trends Brent oil price futures/forwards and forecasts (US$/bbl) LTM oil price and equity market performance (Rebased to Brent) % -38% -45% Aug-8 Nov-8 Feb-9 May-9 Aug-9 Broker high/ low range ICE Brent futures (6-Aug-9) CERA Global Fissures (1-Apr-9) CERA Break Point (1-Apr-9) EIA (Dec-8) Brent crude Wood Mackenzie (Jul-9) CERA Asian Phoenix (1-Apr-9) Broker average Purvin & Gertz (Jun-9) Brent FTSE Eurofirst (Oil and Gas) FTSE AIM (Oil and Gas) Source: Broker reports, Bloomberg, Wood Mackenzie, CERA, Purvin & Gertz, EIA Source: Datastream, FactSet market data as at August 29 Most analyst reports point to a long term increase in the prices of crude oil as reflected in the Brent oil price futures and the recovery in the Oil-related indices 5 Domestic Industry environment Steady growth in domestic energy consumption driven by India s economic growth story 1 (mmtoe) CAGR 4.36% Energy sources (%) Energy Sources - India As of 31 st December 28 (BP Statistical Review of World Energy, 29) Significant supply deficit in the domestic market 1 Crude Oil (mmbbls) Natural gas (bcm) Deficit Total Production Consumption 1, Coal Crude Oil Natural Gas Hydro Nuclear Energy Sources - Global Crude oil and natural gas sources would tend to grow in significance as the Indian economy develops % % As of 31 st December 28 (BP Statistical Review of World Energy, 29) 34.8 Coal Crude Oil Natural Gas Hydro Nuclear 6
4 India: Energy scenario Primary Energy Consumption (MTOE) Crude Oil Consumption (MTOE) UK 212 Canada 12 South Korea 24 S. Korea 13 France Germany Germany 118 Canada 33 Russia 13 India % of total India % of total Japan Russia Japan 222 China 2,3 China 376 USA 2,299 USA , 1,5 2, 2, , 53% of primary energy consumed by 5 countries India is the 5th largest consumer of Primary Energy India CAGR ( ): 4.8% vs. Global CAGR: 2.4% (1) Annualized crude oil production rate of mmboe in Q2 FY21 (2) Annualized crude oil delivery rate of 26.9 mmboe in Q2 FY21 World oil consumption (28): 3,928 MTOE India is the 4th largest consumer of Oil comprising 3.4% of total India CAGR ( ): 3.9% vs. Global CAGR: 1.3% (1) 1 BCM of Natural Gas = MMBOE 7 OIL at a glance India s premier Oil & Gas company engaged in the exploration, development, production and transportation of crude oil and natural gas in India Acreage Domestic acreage: 117,622 1 square kilometers; International acreage: 41,273 square kilometers Reserves Est. independent proved plus probable crude oil reserves: 575 mmboe Est. independent proved plus probable natural gas reserves: 399 mmboe Management Professionally managed company with experienced management with a proven track record Credit rating Size ICRA has assigned an A1+ (A one plus) rating to Rs. 5 billion short-term debt programme of OIL indicating highest safety Revenue: USD 1,677 m (FY9) and USD 1293 m (Q3-21) PAT : USD 46m (FY 9) and USD 467m (Q3-21) Market cap : USD 6,37 mn 2 A corporate citizen committed towards corporate social responsibility, environment protection, implementation of safety measures & conservation of natural resources 1. Excluding blocks provisionally awarded in NELP VIII 2. As of 29 rd October 29 8
5 Oil India Investor Presentation Q1-Q3 H1 FY29 FY21 Sector outlook and opportunities OIL India An overview Business structure, performance and strategy Financial performance Rich heritage of building a company Independent India s first commercial oil discoveries were made by Assam Oil Company Nahorkatiya, Assam 1953 Moran, Assam 1956 Incorporated as Joint Sector Company on 18 February, /3 rd Owned by Assam Oil Company / Burmah Oil Company 1/3 rd Owned by Government of India Became a Public Sector Undertaking, GOI on 14 October, 1981 Five decades of experience in Exploration & Production Second largest national oil and gas company in India Achieved overwhelming response in its maiden public issue on 3 September 29 1
6 Select highlights for FY21 OIL s shares listed in Mumbai Stock Exchange on Achieved the highest daily rate of natural gas production of 6.67 MMSCMD in North East and potential of.93 MMSCMD in Rajasthan. Performance during April-Dec, 29 : Parameter Unit Apr-Dec 9 % Increase over Apr- Dec 8 Drilling Mtrs 17, Crude Oil Production MBBL Crude Oil Delivery MBBL Natural Gas Production BCM Select Highlights of 29-1 Completed 66 Km long NRL Siliguri Product Pipeline. LPG plant completed 26 years of continuous service with excellent track record of 99% Plant Load Capacity. Made one hydrocarbon discovery (Umatara -1) in Assam. Provisionally won 9 blocks in NELP-VIII round - the highest so far by OIL - 2 as Operator, 1 as Joint Operator and PIs in 6. The first Operator to commence drilling in NELP VI block in October, 29. Commenced drilling in Libya as Operator in October, 29. Duliajan Numaligarh Gas Pipeline (DNPL) Project likely to be completed by March, 21. Revisiting PMS through a consultant. Revisiting Long Term Strategic Plan
7 Shareholding pattern 11.9% 3.3% 3.5% 2.5% Promoters (GOI) Public & Others MF.3% 78.4% Bodies Corporate FII FI / Banks Key shareholders Indian Oil Corporation Bharat Petroleum Corporation Hindustan Petroleum Corporation ICICI Prudential Life Insurance HDFC Standard Life Insurance Prudential India Equity (FII) SBI Life Insurance % Shareholding 4.45% 2.23% 2.23% 1.35%.71%.34%.31% OIL SHARE PERFORMANCE VS ONGC'S SHARE PRICE ( TO ) Listing :Listed on the BSE and NSE on 3 th Sept 29 Number of shares :24.45 mn Dividend :FY9 dividend per share of Rs. 35 Share price (H/L) :Rs.1374 / Rs.119 Market Cap :Rs.286 cr / USD 6.37 bn Share Price (Rs) Sep 1-Oct 5-Oct 6-Oct 7-Oct 8-Oct 9-Oct 12-Oct 14-Oct 15-Oct 16-Oct 17-Oct 2-Oct OIL SHARE PRICE 21-Oct 22-Oct 23-Oct 26-Oct 27-Oct 28-Oct 29-Oct 3-Oct 3-Nov 4-Nov 5-Nov 6-Nov 9-Nov 1-Nov 11-Nov 12-Nov 13-Nov 16-Nov 17-Nov 18-Nov 19-Nov 2-Nov 23-Nov 24-Nov 25-Nov 26-Nov 27-Nov 3-Nov 1-Dec 2-Dec 3-Dec 4-Dec 7-Dec 8-Dec 9-Dec 1-Dec 11-Dec 14-Dec ONGC SHARE PRICE 15-Dec 16-Dec 17-Dec 18-Dec 21-Dec 22-Dec 23-Dec 24-Dec 29-Dec 3-Dec 31-Dec 4-Jan 5-Jan 6-Jan 7-Jan 8-Jan 11-Jan 12-Jan 13-Jan 14-Jan 15-Jan 18-Jan 19-Jan 2-Jan Oil India Investor Presentation Q1-Q3 H1 FY29 FY21 Sector outlook and opportunities OIL India An overview Business structure, performance and strategy Financial performance
8 Key lines of business Exploration Production Transportation Downstream Domestic: 23 exploration blocks through NELP 1 International: Egypt, Gabon, Iran, Libya, Nigeria, Timor Leste and Yemen 2 Reserves (2P): Total reserves est. 974 mmboe; Crude Oil est. 575 mmboe 3 ; Natural Gas est. 399 mmboe 4 Discoveries: 11 Small to Medium 5 size discoveries from Fiscal 27 to Fiscal 29 and nine-month period ending 31st Dec 29 5 years of experience in Oil & Gas production Crude oil: 4 installations and est. 1,315 km of internal crude oil pipelines grid; Apr- Dec FY1 production of mmboe Natural gas: 29 installations and est. 571 km of internal gas network pipelines grid; Apr-Dec FY1 production of mmboe Advanced Recovery Techniques - Artificial Lifting, Enhanced Oil Recovery and horizontal drilling Crude Oil: 1,157 km crude oil pipeline with an annual capacity of over 44 mn barrels Multi-Product: 66 km pipeline from NRL1 to Siliguri with an estimated capacity of 2.13 million kiloliters of refined petroleum products Overseas pipeline: 1% equity stake in a 741 km pipeline in Sudan Natural Gas: 23% stake in the 192 km DNPL 3, which proposes to lay a 192 km pipeline project to transport natural gas from Duliajan to Numaligarh Refining and marketing petroleum products: 26% equity stake in NRL 1 Gas cracker project: 1% equity stake in BCPL 2 Acquiring, transporting and distributing natural gas - 23% equity stake in DNPL 3 City gas business - Signed MOU with GAIL, IOCL and BPCL blocks acquired in 7 rounds of NELP and 4 relinquished. 9 blocks have been provisionally awarded under NELP VIII. 2. Participating interests in exploration and development blocks 3. Oil Reserves exclude participatory interest in Kharsang; Based on our unaudited independent proved plus probable crude oil reserves as of 31 st March 29; Include certain reserves attributable to condensate from non-associated gas reservoirs 4. Based on our unaudited independent proved plus probable natural gas reserves as of 31 st March 29; Includes certain reserves attributable to fuel gas consumption 5. Small to Medium size discoveries: Estimated proved plus probable reserves size of less than 3 million barrels of oil and oil equivalent gas 6. MMBOE Million Barrels of Oil Equivalent 1. NRL Numaligarh Refinery Limited 2. BCPL Brahmaputra Cracker and Polymer Limited 3. DNPL Duliajan-Numaligarh Pipeline Limited 15 Reserves Overview (3P) Total reserves (mmboe) Total Reserves (mmboe) 1,55 1,542 Crude Oil Natural Gas 1, 471 1, ,5 Reserves CAGR: 2.4% 1,511 1,471 Overall (O+OEG) 1,471 1,511 1,542 1, OEG Oil Equivalent Gas 16
9 Exploration Blocks : National Presence 6% RJ-ONN AA-ONN 3% 6% 6% RJ-ONN RJ-ONN ASSAM +AP AA-ONN AA-ONN 9% 85% 75% RJ-ONN AA-ONN 2% AAP-ON 16% AA-ONN 85% AA-ONN 15% 6% RJ-ONN AA-ONN 1% 15% GK-OSJ-3 MN-OSN 2% MZ-ONN 75% Summary of Acreage (sq. km.) 41,273 5,368 4, ,41 19,227 Strong presence in prospective East Coast KG-DWN 15% KG-DWN 1% KG-ONN 9% MN-DWN 2% WB-ONN KG-DWN 25% 1% Map Not to Scale 82,175 2 PEL Nomination PML Nomination JV/PSC (NO) NELP (Operator) NELP (NO) Overseas (PI) Total Area 158,895 Sq. Km KG-DWN 2% AN-DWN 1% CY-DWN 2% NO Non-operator PI Participatory Interests 1. Includes a 4% PI in the Kharsang fields of area 11 sq. km. NELP I-VII Nomination ML(s)/PEL(s) JVC Blocks OIL as Operator 17 Exploration Acreages Operator Blocks (NELP) 11 19, ,885 7,65 Non-Operator Blocks (NELP) 12 82, ,66 22,829 16, ,518 4, ,6 II IV V VI VII All Onshore I II III IV VI VII 4 Onshore, 1 Offshore & 7 Deepwater Petro. Mining License (PML) 1 Petro. Exploration License (PEL) JV/Production Sharing Contract (PSC) PML Areas 19 4,811 PEL Areas 16 5,368 Pre-NELP JV/PSC (Non Operator) 3 6, ,735 4,852 5, Assam Arunachal Pradesh Rajasthan Assam Arunachal Pradesh Assam & AP Kutch Offshore Kharsang Area (Sq.km.) Blocks Block category Blocks Area (Sq.km.) Map Not to Scale 18
10 NELP VIII: Blocks provisionally awarded Name of the Block Operator Area Type Area (sq. km.) OIL s P. I. (%) Consortium Partners (PI) AA-ONN-29/4 OIL Assam Onland 84 5 ONGC-5% CY-OSN-29/2 OIL Cauvery Basin Shallow Offshore 1,621 5 ONGC-5% AA-ONN-29/3 ONGC Assam Onland 84 5 ONGC-5% BGEPIL-3% KG-DWN-29/1 BGEPIL Krishna-Godavari Basin Deep Water 1,8 15 ONGC-45% APGIC-1% AN-DWN-29/1 ONGC Andaman Basin Deep Water 4,981 3 ONGC-7% AN-DWN-29/2 ONGC Andaman Basin Deep Water 3,995 4 ONGC-6% AN-DWN-29/3 AN-DWN-29/18 ONGC & OIL (Joint) ONGC Andaman Basin Andaman Basin Deep Water Deep Water 3,992 4,4 4 3 ONGC-6% ONGC-6% GAIL-1% ONGC-5% KG-OSN-29/4 ONGC Krishna-Godavari Basin Shallow Offshore NTPC-1% APGIC-1% OIL as Operator 19 Overseas Exploration and Development Blocks (Sonatrach) 7,87 2,71 6,629 LIBYA Area 86 Area 12/4 Area 95/96 EGYPT* Block 3 Block 4 IRAN Farsi Offshore 8,287 2,6 25 (GSPC) 3,5 2 (OVL) 17.5 (Suntera) 2,94 NIGERIA OPL 25 YEMEN Block 82 Block 83 1, (Medco) 45 3,761 GABON Shakti TIMOR LESTE* Block K 2, (Reliance) 17 Blocks 1 Total Area 41,273 sq.km. Operator Area (Sq. Km) OIL s Participating Interest (%) * Government approval is awaited OIL also holds a 1% equity stake in 741 km crude oil pipeline in Sudan 1. Participating Interest in exploration and development blocks 2
11 Exploration and Development Growth Mapping (Acreage) Acreage (Sq. Km) ~ 11 Times Growth 1 Current Acreage Domestic = 117,622 sq.km Overseas = 41,273 sq.km Nomination Including Pre- NELP JVs (Till 1998) Growth NELP (1999 onwards) + Overseas (25 onwards) Very limited Scope for Growth Operation Area NE, RJ, UP, Uttarakhand Competition Level Playing Field Operation Area Pan India + Overseas 21 E&P Infrastructure in India State-of-art exploration facilities 3 (2D-2, 3D-1) Seismic Crew 11 Drilling Rigs 14 W/over Rigs 6 Logging trucks 1 Mud logging Unit 22 22
12 E&P Infrastructure in India 7 Production Installations Globally comparable Production & transportation facilities >5 Km Oil & Gas Pipelines Pipeline to Deliver Crude Oil to 4 Refineries NSPL Product Pipeline No. of Pump Station 1 No. of Terminal Station KLs Crude Storage Crude Oil and Natural Gas Reserves Crude Oil Reserves (mmboe) Natural Gas Reserves (mmboe) Overall Reserves (mmboe) 1,8 1,8 1,8 1,5 1,5 1,5 1,471 1,511 1,542 1,2 9 1, 1, ,2 9 1, Has improved the overall reserves available consistently over the past 3 years through enhanced oil recovery methods and aggressive exploration Proved Proved & Probable Proved, Probable & Possible 24
13 Crude Oil and Natural Gas Production Crude Oil Production (mmboe) Natural Gas Production (mmboe) Apr-Dec 8-9 Apr-Dec Apr-Dec 8-9 Apr-Dec 9-1 Crude oil production during Apr-Dec 29 increased by 2.73% over Apr-Dec 28 to mmboe 1 Natural gas production during Apr-Dec 29 increased by 5.84% over Apr-Dec 28 (1) 1 BCM of Natural Gas = MMBOE 25 Crude Oil and Natural Gas Sales Crude Oil Quarter on quarter sales (mmboe) Natural Gas Sales (mmboe) Q2 9 Q3 9 Q4 9 Q1 1 Q2 1 Q3 1 Q2 9 Q3 9 Q4 9 Q1 1 Q2 1 Q3 1 26
14 Low Lifting and Finding costs Lifting Costs (US$/boe) Finding Costs (US$/boe) Production Cost NG (US$/MMBTU) FY FY FY FY FY FY FY FY FY27.77 FY FY FY (1) BOE: Barrels of Oil Equivalent 27 Healthy reserve replacement ratio Crude Oil and Natural Gas (O+OEG) FY FY28 24 FY27 24 FY FY Adequate reserve replenishment 28
15 Realized Price Realized Price ($/barrel) 1 8 CAGR (FY7 9) = 13.% FY27 FY28 FY29 Q3 FY29 Q3 FY21 1 Gross Realized Price Realized Price after Subsidy/Discount Net Realized Price Current subsidy burden only on auto fuels 29 Impact of discount Particulars FY 29-1 FY 28-9 Q1 Q2 Q3 Q1 Q2 Q3 Q4 TOTAL US $ / BBL Pre - Discount Less: Discount Post Discount US $ Mn Discount Statutory Levies Impact on PBT Impact on PAT
16 Strategic Initiatives Increase in Exploratory and Development Drilling Meterage. Increase in Work Overs. Enhanced Water Injection to Increase Production. Endeavour to Enhance LPG production through NGL Recycling. Endeavour to Reduce Gas Flaring / Pollution by Inducting LNG Technology. Completed Preliminary Activities in order to Develop CNG Network in Assam Business strategy 1 Geographic Diversification of Upstream Assets 5 Application of Advanced Recovery Techniques to improve the Recovery rate Capacity augmentation to increase water injection in matured fields combined with in-fill drilling to drain the reservoirs more effectively Installation of modern Artificial Pumping and Lifting equipment Implementation of Water Arrest techniques Achieve balanced growth of portfolio through acquisition of new assets Pursue selective bidding strategy in future rounds of NELP in India Integrated business portfolio leading to stable long-term shareholder value addition 2 Increase Reserves and Production Conduct detailed 2D and 3D seismic data Acquisition, Processing and Interpretation (API) in blocks Drill Exploratory wells and Development wells in identified blocks 4 Selectively diversify our domestic operations through Downstream Integration Pursue strategy of vertical integration Diversify sources of revenue through investments in downstream sectors such as refining and processing Improve profitability by extending operations into higher margin segments of product value chain 3 Monetisation of Gas reserves in the Upper Assam Basin Commercialize existing natural gas reserves in the Upper Assam basin through upstream and downstream investment Improve utilisation of natural gas through the implementation of advanced technology and techniques 32
17 Oil India Investor Presentation Q1-Q3 H1 FY29 FY21 Sector outlook and opportunities OIL India An overview Business structure, performance and strategy Financial performance Revenue and profitability Revenue and profitability analysis (USD mn) 2, Revenue CAGR: 1.5% 1,677 Income PAT 1,6 1,242 1,239 1, , FY26 FY27 FY28 FY29 Q3 FY29 Q3 FY21 Exchange rate 1 USD = INR used for figures upto FY29; for Q3 FY29 and Q3 FY21, actual exchange rates have been used. 34
18 Networth and Book Value Networth (USD mn) and Book Value Analysis (USD) 3,2 Networth CAGR: 16.6% Networth (LHS) Book Value (RHS) 2,98 2 2,7 2,2 1,7 1,2 7 1, , , , , (3) FY26 FY27 FY28 FY29 Q3 FY29 Q3 FY21 35 Cash Flow and EBITDA Margin Cash Flow (USD mn) EBITDA (USD mn) and EBITDA MARGIN (%) % 42% 44% 66% 81% 9% 8% 7% 6% 5% % % 2 2% 1 1 1% FY27 FY28 FY29 Q3FY89 Q3FY91 FY27 FY28 FY29 Q3FY89 Q3FY91 % Consistent and Attractive Cash Flow EBITDA EBITDA MARGIN 36
19 Dividends distribution and Earnings per share highlights Dividends distribution Earnings per share and Debt-Equity ratio FY26 FY27 FY28 FY x x.6.4.2x.2.6x.1x FY26 FY27 FY28 FY29 Q3 FY21 Dividend Payout (%) - LHS Dividends (%) - RHS Earnings per share (INR) Debt/Equity The dividend per share has shown a consistent uptrend Steady increase in EPS and minimal debt on the balance sheet 37 Investment Plans Exploration & appraisal activities Development Activities Capital Equipments & Facilities Total INR Million Total INR Million Overseas Projects Acquisition & Diversification Grand Total INR Million US$ Million
20 39
OIL INDIA LIMITED Investor Presentation
OIL INDIA LIMITED Investor Presentation May, 21 Disclaimer This presentation contains certain forward looking statements concerning OIL India s future business prospects and business profitability, which
More informationMinistry of Petroleum and Natural Gas Government of India. OALP Bid Round I DGH. January 18, 2018 New Delhi. Directorate General of Hydrocarbons
Ministry of Petroleum and Natural Gas Government of India OALP Bid Round I DGH Directorate General of Hydrocarbons January 18, 2018 New Delhi Indian Economy a beacon of growth and stability USD 2.3+ trillion
More informationOil India Ltd KEY HIGHLIGHTS. Shareholding (As on September 30, 2010) KEY RISKS. Stock Performances vis-à-vis market. Indexed price chart
GICS Industry : Oil, Gas & Consumable Fuels l Sub Industry : Oil & Gas Exploration & Production l Website : www.oil-india.com Oil India Ltd Key Stock Indicators NSE Ticker : OIL Bloomberg Ticker : OINL:IN
More informationINDIAN OIL CORPORATION LIMITED RESEARCH
RESULTS REVIEW Indian Oil Corporation Ltd. Hold Share Data Market Cap Rs. 439.99 bn Price Rs. 369.0 BSE Sensex 15,185.32 Reuters Bloomberg Avg. Volume (52 Week) IOC.BO IOCL IN 0.19 mn 52-Week High/Low
More informationOil India Limited Investor Presentation January, 2019
Oil India Limited Investor Presentation January, 2019 1 TABLE OF CONTENTS Company Overview Strategic Strengths Assets Overview Operating & Financial Performance Growth Strategy 2 Company Overview 3 Oil
More informationOIL INDIA LTD (OINL) PRICE: RS.615 TARGET PRICE: RS.685 FY16E P/E: 8.4X. Key developments: COMPANY UPDATE
COMPANY UPDATE Sumit Pokharna sumit.pokharna@kotak.com +91 22 6621 6313 OIL INDIA LTD (OINL) PRICE: RS.615 RECOMMENDATION: BUY TARGET PRICE: RS.685 FY16E P/E: 8.4X We expect Oil India Ltd (OINL) to likely
More informationIndia Day - A New E&P Paradigm
Ministry of Petroleum and Natural Gas Government of India India Day - A New E&P Paradigm DGH Directorate General of Hydrocarbons Offshore Europe 2017 5th September 2017 Aberdeen Agenda 1 India s Energy
More informationIndian Oil Corporation Ltd.
Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 s. Indian Oil Corporation Ltd.. October 25, 217 BSE Code: 53965 NSE Code: IOC Reuters Code: IOC.NS Bloomberg Code:
More informationHindustan Oil Exploration Co. Ltd
GICS Industry : Oil, Gas & Consumable Fuels l Sub Industry : Oil & Gas Exploration & Production l Website : www.hoec.com Hindustan Oil Exploration Co. Ltd Key Stock Indicators NSE Ticker : HINDOILEXP Bloomberg
More informationLigia Noronha and Nidhi Srivastava The Energy and Resources Institute (TERI)
Oil and Natural Gas the Indian Case Ligia Noronha and Nidhi Srivastava The Energy and Resources Institute (TERI) Outline Historical background The Federal Context The petroleum industry in its federal
More informationCompletion of Acquisition of a Controlling Stake in Cairn India Ltd. 8 December 2011
Completion of Acquisition of a Controlling Stake in Cairn India Ltd. 8 December 2011 Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly available
More informationGAIL India NEUTRAL. Performance Highlights CMP. `363 Target Price - 2QFY2013 Result Update Oil & Gas. Investment Period -
2QFY2013 Result Update Oil & Gas October 26, 2012 GAIL India Performance Highlights Quarterly highlights (Standalone) Y/E March (` cr) 2QFY2013 2QFY2012 % chg (yoy) 1QFY2013 % chg (qoq) Net sales 11,361
More informationFor Immediate Release 21 March 2006 Hardy Oil and Gas plc. ( Hardy or the Company ) Maiden Preliminary Results. For the year ended 31 December 2005
For Immediate Release 21 March 2006 Hardy Oil and Gas plc ( Hardy or the Company ) Maiden Preliminary Results For the year ended 31 December 2005 Hardy Oil and Gas plc (AIM : HDY), the oil and gas exploration
More informationHINDUSTAN PETROLEUM CORPORATION LIMITED A Govt. of India Enterprise A Fortune Global 500 Company. Expl ration Production
HINDUSTAN PETROLEUM CORPORATION LIMITED Expl ration Production Expl ration Production HP-E&P VISION HP-E&P is world class and technically proficient, with a global presence, delivering superior returns
More informationOil and Natural Gas Corporation Limited Media Interaction H1, FY 18
Oil and Natural Gas Corporation Limited Media Interaction H1, FY 18 1 st Nov 2017 New Delhi 1 Crude oil production: Q2 & H1 FY 18 Crude oil production* increases: 0.9% on Q-o-Q basis and by 1.2% in H1,
More informationONGC Corporate Presentation. J.P Morgan Global Oil & Gas Conference, London 5-6 November 2018.
ONGC Corporate Presentation J.P Morgan Global Oil & Gas Conference, London 5-6 November 2018. Disclaimer This presentation does not provide individually tailored advice but is an effort to express views
More informationOil and Natural Gas Corporation Ltd Annual Results FY 18. Media Interaction. 31 st May, 2018 New Delhi
Oil and Natural Gas Corporation Ltd Annual Results FY 18 Media Interaction 31 st May, 2018 New Delhi ONGC A Vertically Integrated Energy Company No.1 E&P Company A Maharatna Oil Production ~ 35 MMT Gas
More informationONGC. Result Update Q2 FY15
Change in Estimates Rating Target Net sales fall 8.8% yoy owing to lower net realizations of crude oil and lower gas production Discount on crude oil fell.% yoy and.% qoq to US$60.8/bbl Natural gas realization
More informationIndian Oil Corporation Ltd.
Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17. Volume No.. I Issue No. 137 Indian Oil Corporation Ltd. September 18, 217 BSE Code: 53965 NSE Code: IOC Reuters
More informationBusiness & Financial Presentation FY
The Great Eastern Shipping Company Ltd. Business & Financial Presentation FY 2004-05 April 29, 2005 1 Forward Looking Statements Except for historical information, the statements made in this presentation
More informationNTPC LIMITED RESEARCH
RESULTS REVIEW NTPC Limited Buy Share Data Market Cap Rs. 1,248.4 bn Price Rs. 151.4 BSE Sensex 9,839.69 Reuters NTPC.BO Bloomberg NATP IN Avg. Volume (52 Week) 2.50 mn 52-Week High/Low Rs. 291 / 113 Shares
More informationMargins(%) EBITDA 30.0% 26.3% 25.4% NPM 26.5% 12.5% 18.1%
RESULTS REVIEW Share Data Market Cap Rs. 1,460.7 bn Price Rs. 177.2 BSE Sensex 15,049.86 Reuters NTPC.BO Bloomberg NATP IN Avg. Volume (52 Week) 2.6 mn 52-Week High/Low Rs. 291 / 148.75 Shares Outstanding
More informationThe Great Eastern Shipping Co. Ltd.
The Great Eastern Shipping Co. Ltd. 1 Forward looking information This presentation contains certain forward looking information through statements, which are based on management s current expectations
More informationDiscounting $45/bbl of realisation
INDUSTRY OIL & GAS CMP (as on 13 Aug 2018) Rs 211 Target Price Rs 314 Nifty 11,356 Sensex 37,645 KEY STOCK DATA Bloomberg OINL IN No. of Shares (mn) 1,135 MCap (Rs bn) / (D mn) 241/3,450 6m avg traded
More informationONGC LTD. - COMPANY INFORMATION & SWOT ANALYSIS
IS Advisors ONGC LTD. - COMPANY INFORMATION & SWOT ANALYSIS December 2011 Table of Contents 1. Snapshot 3 1.1 Company Details 3 1.2 Company Address 3 1.3 Price Information 3 1.4 Company Size 3 1.5 Company
More informationASX Small to Mid Caps Conference
ASX Small to Mid Caps Conference Hong Kong 21 October 2010 Slide 0 ROC OIL COMPANY PROFILE ROC is an ASX-listed upstream oil and gas company 160 employees Asia-Australasia Focus Production assets 2P Reserves
More informationReliance Industries. Timing is everything BUY COMPANY UPDATE 1 OCT 2014
INDUSTRY OIL & GAS Timing is everything COMPANY UPDATE 1 OCT 2014 Reliance Industries BUY CMP (as on 30 Sep 2014) Rs 945 Target Price Rs 1,100 Nifty 7,965 Sensex 26,631 KEY STOCK DATA Bloomberg/Reuters
More informationNTPC LIMITED RESEARCH
RESULTS REVIEW Share Data Market Cap Rs. 1,457.0 bn Price Rs. 176.70 BSE Sensex 9,201.85 Reuters NTPC.BO Bloomberg NATP IN Avg. Volume (52 Week) 2.06 mn 52-Week High/Low Rs. 227 / 113 Shares Outstanding
More informationK.M. Dastur Reinsurance Brokers Pvt.Ltd
K.M. Dastur Reinsurance Brokers Pvt.Ltd The only Insurance Brokers in India to be ISO 9001/2000 certified BY TUV Germany K.M. Dastur Reinsurance Brokers Pvt.Ltd, Cambata Building, 5 th Floor, 42,Jamsetji
More informationOil & Gas. 4QFY17E Results Preview. 13 Apr Deepak Kolhe
Oil & Gas Results Preview 13 Apr 2017 Satish Mishra satish.mishra@hdfcsec.com +91-22-6171-7334 Deepak Kolhe deepak.kolhe@hdfcsec.com +91-22-6171-7316 1QFY15 2QFY15 3QFY15 FY15 1QFY16 2QFY16 3QFY16 FY16
More informationDEEP Industries Limited Investor Presentation May 2017
DEEP Industries Limited Investor Presentation May 2017 Safe Harbor This presentation and the accompanying slides (the Presentation ), which have been prepared by Deep Industries Ltd (the Company ), have
More informationNATURAL GAS IN THE WORLD S FASTEST GROWING ECONOMY
Oilex Cambay Facilities NATURAL GAS IN THE WORLD S FASTEST GROWING ECONOMY INVESTOR PRESENTATION FEBRUARY 2018 www.oilex.com.au twitter@oilexltd IMPORTANT INFORMATION Nature of the presentation This presentation
More informationI Direct. nstinct. February 7, 2018
I Direct nstinct February 7, 2018 I-direct Instinct Key risks to investing in I-direct Instinct It is a quick pitch note, which captures the essence of an idea in brief Instinct idea may be based on management
More informationReliance Industries Ltd.
May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18. Volume No.. I Issue No. 175 Reliance Industries Ltd. May 25, 2018 BSE Code: 500325 NSE Code: RELIANCE Reuters
More informationPT Medco Energi Internasional Tbk.
1 January 2012 PT Medco Energi Internasional Tbk. MedcoEnergi s realized utilization of Proceeds from Shelfregistration Public Offering. In July 14,, the Company received the proceeds of the Medco USD
More informationFor Immediate Release 29 October Cairn India Limited Second Quarter Financial Results for the period ended 30 September 2009
For Immediate Release 29 October 2009 Cairn India Limited Second Quarter Financial Results for the period ended 30 September 2009 The following commentary is provided in respect of the unaudited financial
More informationBHARAT FORGE LIMITED RESEARCH
EQUITY September 05, 2008 RESULTS REVIEW Share Data Market Cap Rs. 56 bn Price Rs. 250.45 BSE Sensex 14,483.83 Reuters Bloomberg Avg. Volume (52 Week) BFRG.BO BHFC IN 0.1 mn 52-Week High/Low Rs. 389.75/215.05
More informationNarnolia Securities Ltd. ADITYA GUPTA 19-Sep-17. Key Highlights of the Report: RoE to maintain over 13%
Sep-1 Oct-1 Nov-1 Dec-1 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- 19-Sep- INDUSTRY - OIL & GAS BSE Code - 500325 NSE Code - RELIANCE NIFTY - 1018 Company Data CMP 84 Target Price 900 Previous Target
More informationFinancial Results for the nine months ended December 31, 2016 INPEX CORPORATION. February 10, 2017
Financial Results for the nine months ended December 31, 2016 INPEX CORPORATION February 10, 2017 Cautionary Statement This presentation includes forward looking information that reflects the plan and
More informationRESOLUTION. 2. Single license for conventional and non-conventional hydrocarbons
(To be published in the Gazette of India Part I, Section I) Government of India Ministry of Petroleum and Natural ***** Shastri Bhavan, New Delhi Date: 5 th April, 2018 RESOLUTION No. O- 31018/149/2016-ONG.III:
More informationOil & Natural Gas Corporation (ONGC) 192
Result Update Rating matrix Rating : Hold Target : 205 Target Period : 12 months Potential Upside : 7% What s changed? Target Changed from 220 to 205 EPS FY18E Changed from 19.6 to 18.8 EPS FY19E Changed
More informationEARNINGS PRESENTATION Q3FY17 BSE-code : NSE-code : MERCATOR
EARNINGS PRESENTATION Q3FY17 BSE-code : 526235 NSE-code : MERCATOR COAL DREDGING SHIPPING OIL & GAS Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly
More informationNew Exploration and Licensing Policy (NELP)
New Exploration and Licensing Policy (NELP) This document is a summary of the NELP policy introduced by the government in late 1990 s and covers all the concepts related to it. The paper also explains
More informationPetrobras focus on its strengths Rio de Janeiro October 25, 2017
Petrobras focus on its strengths Rio de Janeiro October 25, 2017 1 Disclaimer FORWARD-LOOKING STATEMENTS: DISCLAIMER The presentation may contain forward-looking statements about future events within the
More informationBUY. OIL AND NATURAL GAS CORPORATION LTD Result Update (PARENT BASIS): Q1 FY15. CMP Target Price SEPTEMBER 24 th 2014.
BUY CMP 413.55 Target Price 471.00 OIL AND NATURAL GAS CORPORATION LTD Result Update (PARENT BASIS): Q1 FY15 SEPTEMBER 24 th 2014 ISIN: INE213A01029 Index Details Stock Data Sector Oil & Gas BSE Code 500312
More informationESSAR OIL LIMITED: RESULTS FOR THE FULL YEAR ENDED 31 MARCH 2011 (UNAUDITED)
11April 2011 ESSAR OIL LIMITED: RESULTS FOR THE FULL YEAR ENDED 31 MARCH 2011 (UNAUDITED) Key Highlights Overall Essar Oil Limited (EOL) reports strong financial performance, with annual gross revenues
More informationBharat Petroleum Corporation Ltd
Institutional Equity Research Key data 19 June 2008 Sector Oil& Gas Market Cap Rs.7bn/US$2.3bn 52 Wk H/L (Rs) 560/260.25 Avg. daily vol. (6 month) 799,179 BSE Code 500547 NSE Code BPCL Bloomberg BPCLIN
More informationPETRONET LNG LTD. (PLNG)
RESULT UPDATE Sumit Pokharna sumit.pokharna@kotak.com +91 22 6621 6313 PETRONET LNG LTD. (PLNG) PRICE: RS.165 RECOMMENDATION: ACCUMULATE TARGET PRICE: RS.180 FY14E P/E: 10X Good show: Higher marketing
More informationNarnolia Securities Ltd. ADITYA GUPTA 01-Nov-17. Key Highlights of the Report: RoE to decline in FY19E
Oct16 Nov16 Dec16 Jan17 Feb17 Mar17 Apr17 May17 Jun17 Jul17 Aug17 Sep17 Oct17 01Nov17 INDUSTRY BSE Code 530965 NSE Code IOC NIFTY 10335 OIL MARKETING 145 135 125 115 105 Company Data CMP 414 Target Price
More informationPositioned for Growth APPEA 2016 Conference and Exhibition June 2016
For personal use only Positioned for Growth APPEA 2016 Conference and Exhibition June 2016 Compliance statements Disclaimer This presentation contains forward looking statements that are subject to risk
More informationOil & Gas Exploration and Production (E&P) Industry
Date: 13 th Sept 2008 Oil & Gas Exploration and Production (E&P) Industry Selan Exploration Technology Limited Investment View: Buy CMP: Rs.263.25 Target Price: Rs 327.77 Hindustan Oil Exploration Company
More informationBharat Petroleum Corp (BHAPET) 468
Result Update Rating matrix Rating : Hold Target : 500 Target Period : 12 months Potential Upside : 7% What s changed? Target Changed from 520 to 500 EPS FY18E Changed from 36.9 to 37.4 EPS FY19E Changed
More informationOando Plc. Half Year 2011 Conference Call July, Half Year 2011 Conference Call 1
Oando Plc Half Year 2011 Conference Call July, 2011 Half Year 2011 Conference Call 1 Cautionary Statement ne The information presented herein is based on sources which Oando Plc ( Oando ) regards dependable.
More informationValue creation through performance
Investor Meeting Reinhard Florey, Chief Financial Officer Munich April 5, 2017 Value creation through performance OMV Aktiengesellschaft Disclaimer This presentation contains forward looking statements.
More informationIndia on the move Abu Dhabi November 15, 2017
India on the move Abu Dhabi November 15, 2017 KPMG.com/in Contents 1 India s Economic Growth 2 Flagship Programs and Regulatory Changes 3 Business Reforms 4 India Energy Scenario 5 Government Plans for
More informationEarly entry advantage in the Indian unconventional energy market
ABN 50 078 652 632 Early entry advantage in the Indian unconventional energy market Oilex General Meeting September 2012 Important information Disclaimer The presentation in this projected form and as
More informationReliance Industries Limited
Reliance Industries Limited Investors Presentation Deutsche Bank Conference - March 2007 RIL s Refinery At Jamnagar, India Contents Reliance Growth is Life Reliance Key Businesses and Initiatives Summary
More informationFor personal use only
Investor Presentation Noosa Mining & Exploration Conference 16-17 July 2015 FAR snapshot Mid cap E&P: FAR entered the ASX 300 Index in March 2015 Strong balance sheet. Cash balance A$52.5m (March qtr).
More informationEmpresa Nacional del Petróleo Q Investor Presentation
Empresa Nacional del Petróleo Q3 2015 Investor Presentation Santiago, November 2015 Disclaimer Forward-looking statements are based on the beliefs and assumptions of ENAP s management and on information
More informationBharat Petroleum Corporation Ltd Speeding Ahead
Bharat Petroleum Corporation Ltd Speeding Ahead BSE Code 5547 NSE Code BPCLEQ Bloomberg Code BPCL@IN Face Value 1 CMP Rs 342 Market Cap Rs 12bn (as on August 2th 24) Share Holding Pattern 3% 1% 14% 1%
More informationEAST WEST PETROLEUM CORP.
EAST WEST PETROLEUM CORP. MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE SIX MONTHS ENDED JUNE 30, Background This discussion and analysis of financial position and results of operation is prepared as at
More information7. Foreign Investments in India
81 7. 7.1 Introduction Since 1992, Foreign Institutional Investors (FIIs) have been allowed to invest in all traded securities on the primary and secondary markets, including shares, debentures and warrants
More informationIndicative Viability Calculator for Facilitation of Prospective Bidders
Indicative Viability Calculator for Facilitation of Prospective Bidders Discovered Small Fields Bid Round 2016 September 9, 2016 Singapore Agenda 1 Contract Areas 2 Objective 3 Factors that determine the
More informationRAJESH EXPORTS LIMITED GLOBAL PRESENCE IN GOLD AND GOLD PRODUCTS. Earnings Presentation - FY16
RAJESH EXPORTS LIMITED GLOBAL PRESENCE IN GOLD AND GOLD PRODUCTS Earnings Presentation - FY16 HIGHLIGHT FOR THE QUARTER Posted record REVENUE, EBITDA and PAT for the year 2015-16. Consolidated position
More informationLooking Ahead on Oil & Gas
Looking Ahead on Oil & Gas Art Berman NACE Investor Speaker Luncheon Palm Beach Gardens, Florida March 16, 217 Slide 1 Oil Prices Fell Below $5 Floor Last Week: Deflation of the OPEC Expectation Premium
More informationBharat Petroleum Corp (BHAPET) 500
Result Update Rating matrix Rating : Hold Target : 520 Target Period : 12 months Potential Upside : 4% What s changed? Target Changed from 485 to 520 EPS FY18E Changed from 34.1 to 36.9 EPS FY19E Changed
More informationIndian Oil Corporation (INDOIL) 390
Result Update Rating matrix Rating : Buy Target : 420 Target Period : 12 months Potential Upside : 10% What s changed? Target Changed from 335 to 420 EPS FY17E Changed from 36.7 to 38.4 EPS FY18E Changed
More informationReligare Investment Call
BUY CMP (Rs) Target Price (Rs) Potential Upside Sensex Nifty 412 463 12.3% 31,305 9,658 Key Stock data BSE Code NSE Code Bloomberg Shares o/s, Cr (FV 5) Market Cap (Rs Cr) 3M Avg Volume 52 week H/L 500870
More informationIndian Oil Corporation Ltd.
Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 February 12, 2016 COMPANY RESULTS REPORT REVIEW Analyst Sudeep Anand +91-22-4322 1190 sudeep.anand@idbicapital.com
More informationCairn India. Result Update Q2 FY16
Change in Estimates Rating Target Q2 FY16 Cairn India Net sales at Rs. 2,242crs declined 43.7% yoy and were tad lower than our expectations due to lower than expected production. Net working interest production
More informationInternational exploration & production. Management s Discussion & Analysis
International exploration & production Management s Discussion & Analysis Three and Six Months Ended, 2013 and 2012 SECOND QUARTER FISCAL 2014 HIGHLIGHTS During the Company s second fiscal quarter of 2014
More informationMacroVoices Oil Discussion: OPEC Can t Fix The Problem of Low Oil Prices
MacroVoices Oil Discussion: OPEC Can t Fix The Problem of Low Oil Prices Art Berman November 30, 2016 Slide 1 Overview: OPEC Can t Fix The Problem of Low Oil Prices OPEC may reach some agreement today
More informationA Path Towards Improved Profitability
A Path Towards Improved Profitability Jaime del Rio Head of Investor Relations Bonds, Loans and Derivatives Mexico City February 6, 2018 Content 1 2 Lower Oil Prices: How has PEMEX Adapted its Corporate
More informationNo of Mines Proven Reserves Ownership Production per month Status. Petangis Mines Two 15 mn tonnes 100% 80,000 tonnes Operational
COMPANY UPDATE Amit Agarwal agarwal.amit@kotak.com +91 22 6621 6222 Summary table (Rs mn) FY11 FY12 FY13E Sales 28,259 36,684 43,851 Growth (%) 56.2 29.8 19.5 EBITDA 6,356 6,278 6,296 EBITDA margin (%)
More informationINDRAPRASTHA GAS (IGL)
COMPANY UPDATE Sumit Pokharna sumit.pokharna@kotak.com +91 22 6621 6313 Summary table (Rs mn) FY15 FY16E FY17E Sales 40,480 39,808 41,548 Growth (%) -6.5-1.7 4.4 EBIDTA 7,930 8,241 8,745 EBIDTA margin
More informationHathway Cable and Datacom Limited Investor Update Q2-FY18
Hathway Cable and Datacom Limited Investor Update Q2-FY18 Safe Harbour The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise
More informationAdani Ports & SEZ Rating: Target price: EPS:
Adani Ports & SEZ : price: EPS: Volume traction continues in a seasonally good quarter; maintain Adani Ports & SEZ reported a good quarter with total operating revenues (standalone) of Rs. 8.02bn and PAT
More informationReligare Investment Call
v-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 v-18 Q2FY19 Result Update Q2FY19 Result Update BUY CMP (Rs) 5,813 Target Price (Rs) 6,519 Potential Upside 12.1% Sensex
More informationIVRCL INFRA & PROJECTS LTD RESEARCH
RESULTS REVIEW Share Data Market Cap Rs. 13.8 bn Price Rs. 103.2 BSE Sensex 8,902.6 Reuters Bloomberg Avg. Volume (52 Week) IVRC.BO IVRC IN 0.5 mn 52-Week High/Low Rs. 493.7 / 56.5 Shares Outstanding Valuation
More informationThe Great Eastern Shipping Company Ltd. A Review of Financial Year
The Great Eastern Shipping Company Ltd. A Review of Financial Year 04 April 30, 2004 Forward Looking Statement This presentation contains certain forward looking information through statements, which are
More informationNigeria Economic Update QNB Group. September 2014
Nigeria Economic Update QNB Group September 21 Nigeria Overview A rebasing of GDP in 213 has made Nigeria the biggest economy in Africa with the largest population; the economy is growing rapidly but remains
More information2014 Annual Report. international exploration & production BENGAL ENERGY LTD. TABLE OF CONTENTS
Financial Highlights international exploration & production 2014 Annual Report TABLE OF CONTENTS 1 5 6 29 35 60 Message to Shareholders Fiscal 2014 Highlights Management s Discussion and Analysis Consolidated
More informationSwiber Holdings Limited
Swiber Holdings Limited Corporate Presentation 23 November 2006 A niche service provider to the offshore oil and gas industry Forward Looking Statements Important Note The following presentation contain
More informationOando Plc. YTD September 2011 Conference Call October, YTD Sept 2011 Conference Call 1
Oando Plc ember 2011 Conference Call October, 2011 2011 Conference Call 1 Cautionary Statement ne The information presented herein is based on sources which Oando Plc ( Oando ) regards dependable. This
More informationNSE: GRAPHITE, BSE: Q1 FY2019 Earnings Presentation August 6 th, 2018
NSE: GRAPHITE, BSE: 509488 Q1 FY2019 Earnings Presentation August 6 th, 2018 Discussion Agenda Executive Summary 3 Chairman s Message 4 Steel Industry Overview 5-6 Graphite Electrode Industry Overview
More informationReliance Industries. Neutral. Result Update. Operational performance in line with estimate, lower interest cost boosts Q4 profit.
April 20, 2015 Neutral Reliance Industries Industry : Oil & Gas Result Update Operational performance in line with estimate, lower interest cost boosts Q4 profit RIL s Q4FY15 operating profit (standalone)
More informationOne Step Ahead of The Drill Bit
One Ahead of The Drill Bit April 2014 NYSE MKT: NOG Statements made by representatives of Northern Oil and Gas, Inc. ( Northern or the Company ) during the course of this presentation that are not historical
More informationCairn India ACCUMULATE. Performance Highlights. CMP Target Price `338 `382. 2QFY2013 Result Update Oil & Gas. Quarterly highlights (Consolidated)
2QFY2013 Result Update Oil & Gas October 22, 2012 Cairn India Performance Highlights Quarterly highlights (Consolidated) Y/E March (` cr) 2QFY2013 2QFY2012 % chg (yoy) 1QFY2013 % chg (qoq) Net sales 4,443
More informationAsian Oilfield Services Limited
23 December 2015 CMP: Rs.63.2 Industry: Oil and Gas BSE Group/Index: XD Promoters Samara Capital Partners Fund Year of incorporation 1992 Registered office 703, IRIS Tech Park, Tower-A, 7th Floor, Sector
More informationQ2 FY2014 Earnings Presentation November 8, 2013
Q2 FY2014 Earnings Presentation November 8, 2013 Important Notice Forward Looking Statements This presentation contains statements that contain forward looking statements including, but without limitation,
More informationMarket Access. M&A Securities. Results Review (2Q16) SapuraKencana Petroleum Berhad. Solid Orderbook as a Shield BUY (TP: RM2.
M&A Securities Results Review (2Q16) PP14767/09/2012(030761) SapuraKencana Petroleum Berhad Thursday, September 17, 2015 BUY (TP: RM2.55) Solid Orderbook as a Shield Results Review Actual vs. expectations.
More informationAshish Chugh s HIDDEN. January 28, Selan Exploration Technology Ltd.
Ashish Chugh s HIDDEN GEMS. in search of Market Beating Stocks January 28, 2013 Selan Exploration Technology Ltd. CMP Rs. 311.35 BSE Code 530075 NSE Symbol - SELAN We believe the process of grant of approvals
More informationPositioning for Growth
Positioning for Growth Full Year and Fourth Quarter 2017 Earnings and 2018 Outlook Call: March 28, 2018 Advisories This presentation contains forward-looking statements. All statements, other than statements
More informationBHEL SELL RESULTS REVIEW 1QFY15 13 AUG CMP (as on 12 Aug 2014) Rs 224 Target Price Rs 188
RESULTS REVIEW 1QFY15 13 AUG 2014 BHEL SELL INDUSTRY CAPITAL GOODS CMP (as on 12 Aug 2014) Rs 224 Target Price Rs 188 Nifty 7,727 Sensex 25,881 KEY STOCK DATA Bloomberg/Reuters BHEL IN/BHEL.BO No. of Shares
More informationFull Year 2013 & 4th Quarter 2013 Earnings Webcast. March 10, Buenos Aires, Argentina
Full Year 2013 & 4th Quarter 2013 Earnings Webcast March 10, 2014. Buenos Aires, Argentina Disclaimer Safe harbor statement under the US Private Securities Litigation Reform Act of 1995. This document
More informationVedanta Resources plc
16 Berkeley Street London W1J 8DZ Tel: +44 (0) 20 7499 5900 Fax: +44 (0) 20 7491 8440 www.vedantaresources.com 24 July 20 Vedanta Resources plc Cairn India announces Financial Results for the period 30
More informationDr Reddy s Laboratories
: price: EPS: How does our one year outlook change? We maintain rating on DRRD post the company s 3QFY16 results Revenue growth for the quarter was muted (3% yoy) due to disappointing performances in Russia
More informationCairn India (CAIIND) 232
Result Update Rating matrix Rating : Hold Target : 245 Target Period : 12 months Potential Upside : 6% What s Changed? Target Changed from 209 to 245 EPS FY17E Changed from 6 to 12.7 EPS FY18E Changed
More informationInvestor Presentation. March 2017
Investor Presentation March 2017 Content 1 A Snapshot of Mexico & PEMEX E&P Midstream & Downstream Financial Outlook of PEMEX 2016 Results 1 Mexico Snapshot Today, Mexico s fundamentals are stronger, allowing
More informationMirae Asset Emerging Bluechip Fund (MAEBF)
Mirae Asset Emerging Bluechip Fund (MAEBF) (An Open Ended Equity Fund) Product Literature December 2014 MAEBF Our Goal Our endeavour has been to Spot the Potential of Emerging Companies and consistently
More information