Aktieanalys

Tethys Oil: Estimates slightly down after Q1 - ABG

ABG Sundal Collier 08 May 07:34

Q1 EBITDA of USD 13.0m, slightly below ABGSCe
Small downwards revisions to estimates after Q1
P/NAV of 0.60x and discounts Brent of USD 69/bbl

Q1 numbers slightly below ABGSCe

Tethys Oil reported Q1'24 numbers slightly below our estimates. EBITDA of USD 13.0m was slightly below ABGSCe at USD 15.5m. The small miss was explained by higher opex than we had anticipated, as production, sold volumes and realised prices were pre-announced. FCF of USD -10.8m (SEK -3.5/sh) was softer than ABGSCe of USD -7.7m (SEK -2.5/sh) and was positively affected by lower-than-estimated capex, which was due to phasing, but that was offset by negative WC effects.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/tethys-oil/Equity-research/2024/5/tethys-oil---estimates-slightly-down-after-q1/

Börskollens app – Högt betyg ⭐⭐⭐⭐⭐ och 250.000 nedladdningar

Ladda hem

Vårt nyhetsbrev – Utvalda börsnyheter och heta investeringscase varje vecka

Prenumerera

Nyheter om Tethys Oil

Läses av andra just nu

Innehåller annonslänkar. Investeringar innebär risk (se här)

Tips: 50% rabatt hos fondroboten Opti

Dags att komma igång med sparande? Fondroboten Opti erbjuder en populär spartjänst som är perfekt för regelbundet månadssparande. Just nu får nya kunder som använder Börskollens unika kampanjkod BORSKOLLEN50 automatiskt 50 % rabatt på Optis avgift i 3 månader!