Log in
E-mail
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

MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Oil Search Limited    OSH   PG0008579883

OIL SEARCH LIMITED

(OSH)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 12/02
3.7 AUD   +0.82%
11/27Australia shares end lower as vaccine doubts weigh
RE
11/26OIL SEARCH : Update on Chief Financial Officer Role
PU
11/19Climate action investor group adds Saudi Aramco to focus list
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Morgan Stanley : rates OSH as Equal-weight

10/20/2020 | 09:31pm EST

Oil Search's third-quarter revenue was down -29% versus the second quarter due to lower realised LNG prices. 2020 capex has been lowered to US$390-US$460m on account of less exploration and rephasing of FEED activities in Alaska.

The broker has increased its net profit estimates for FY20 due to lower than expected exploration expenses and other operating costs. 

Morgan Stanley notes Oil Search is very leveraged to higher oil and LNG prices. Also, growth on the Alaska project remains many years away with first production not expected until 2025, which is one of the key challenges faced by the company.

Morgan Stanley remains Equal-weight with a target price of $3.30. Industry view: Cautious.

Sector: Energy.

Target price is $3.30.Current Price is $2.94. Difference: $0.36 - (brackets indicate current price is over target). If OSH meets the Morgan Stanley target it will return approximately 11% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2020 Acquisdata Pty Ltd., source FN Arena

Stocks mentioned in the article
ChangeLast1st jan.
MORGAN STANLEY 1.17% 64.02 Delayed Quote.25.23%
OIL SEARCH LIMITED 0.82% 3.7 End-of-day quote.-48.97%
All news about OIL SEARCH LIMITED
11/27Australia shares end lower as vaccine doubts weigh
RE
11/26OIL SEARCH : Update on Chief Financial Officer Role
PU
11/19Climate action investor group adds Saudi Aramco to focus list
RE
11/19Oil Search sees Total's Papua LNG advancing ahead of Exxon's P'nyang
RE
11/18Oil Search sees Total's Papua LNG advancing ahead of Exxon's P'nyang
RE
11/18OIL SEARCH : Alaska Update
PU
11/18OIL SEARCH : Strategy Update and Investor Briefing 2020
PU
11/18Financials push Australian shares to near 9-month high; NZ snaps 11-day rally
RE
11/16Australian shares resume trade without incident, gain on vaccine hopes; NZ up
RE
11/15Australia bourse halts trading on 'data issues' after shares hit 8-mth high
RE
More news
Financials
Sales 2020 1 532 M 1 138 M 1 138 M
Net income 2020 -367 M -273 M -273 M
Net Debt 2020 3 335 M 2 477 M 2 477 M
P/E ratio 2020 -24,0x
Yield 2020 0,15%
Capitalization 7 771 M 5 737 M 5 772 M
EV / Sales 2020 7,25x
EV / Sales 2021 6,47x
Nbr of Employees 1 607
Free-Float 99,2%
Chart OIL SEARCH LIMITED
Duration : Period :
Oil Search Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OIL SEARCH LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 3,99 AUD
Last Close Price 3,70 AUD
Spread / Highest target 50,0%
Spread / Average Target 7,71%
Spread / Lowest Target -16,2%
EPS Revisions
Managers
NameTitle
Kieran Wulff Managing Director & Director
Richard John Lee Chairman
Stephen W. Gardiner Chief Financial Officer
Beth White Executive VP-Sustainability & Technology
Kostas Goerge Constantinou Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
OIL SEARCH LIMITED-48.97%5 676
CNOOC LIMITED-40.59%44 349
CONOCOPHILLIPS-38.54%42 686
EOG RESOURCES, INC.-42.91%27 897
CANADIAN NATURAL RESOURCES LIMITED-27.88%27 332
ECOPETROL S.A.-34.96%25 150