Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Lundin Energy AB (publ)
  6. News
  7. Summary
    LUNE   SE0000825820

LUNDIN ENERGY AB (PUBL)

(LUNE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Lundin Energy considers sale or merger, Bloomberg reports

11/29/2021 | 01:02pm EST

OSLO, Nov 29 (Reuters) - Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.

Lundin, which has a market value of about $10 billion, is studying strategic alternatives that could also include a merger or asset disposals, the report said.

"We never comment on speculation," a Lundin Energy spokesperson told Reuters when asked about the Bloomberg report.

The company's shares rose 10% in Stockholm trade.

Lundin's oil and gas operations are all in Norway, where it owns a 20% stake in the Equinor-operated Johan Sverdrup field as well as a range of smaller fields. (Reporting by Nerijus Adomaitis Editing by Terje Solsvik and David Goodman)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
EQUINOR ASA -1.82% 251.15 Real-time Quote.8.44%
LUNDIN ENERGY AB (PUBL) -0.06% 350.6 Delayed Quote.8.10%
All news about LUNDIN ENERGY AB (PUBL)
01/14Moody's Puts Aker BP on Review for Upgrade on Planned Acquisition of Lundin's Assets
MT
01/13Norway oil and gas output to rise 9% by 2024, regulator says
RE
01/13Norway oil and gas output to rise 9% by 2024, regulator says
RE
01/04LUNDIN ENERGY AB (PUBL) : Ex-dividend day for quarterly dividend
FA
2021Lundin Energy AB - The fourth quarterly dividend instalment of USD 0.45 per share will ..
AQ
2021The fourth quarterly dividend instalment of USD 0.45 per share will amount to SEKá4.09 ..
AQ
2021Lundin Energy AB Announces Fourth Quarterly Dividend Instalment, Payable on 11 January ..
CI
2021Fitch Flags Lundin Energy for Downgrade on Sale of Oil, Gas Operations
MT
2021Fitch Places Aker BP on Rating Watch Positive on Lundin Energy Deal
MT
2021MarketScreener’s World Press Review
More news
Analyst Recommendations on LUNDIN ENERGY AB (PUBL)
More recommendations
Financials (USD)
Sales 2021 5 256 M - -
Net income 2021 794 M - -
Net Debt 2021 2 778 M - -
P/E ratio 2021 124x
Yield 2021 0,47%
Capitalization 99 770 M 11 074 M -
EV / Sales 2021 19,5x
EV / Sales 2022 18,8x
Nbr of Employees 448
Free-Float 54,9%
Chart LUNDIN ENERGY AB (PUBL)
Duration : Period :
Lundin Energy AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LUNDIN ENERGY AB (PUBL)
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 350,60 $
Average target price 40,32 $
Spread / Average Target -88,5%
EPS Revisions
Managers and Directors
Nicholas Walker President & Chief Executive Officer
Teitur Nols°e Poulsen Chief Financial Officer
Ian Henrik Lundin Chairman
Lukas Henrik Lundin Independent Director
Cecilia Vieweg Independent Director
Sector and Competitors
1st jan.Capi. (M$)
LUNDIN ENERGY AB (PUBL)8.10%11 088
CONOCOPHILLIPS20.17%114 405
EOG RESOURCES, INC.18.91%61 807
CANADIAN NATURAL RESOURCES LIMITED21.95%61 152
CNOOC LIMITED15.82%52 760
PIONEER NATURAL RESOURCES COMPANY18.59%52 660