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35 Pages

Oil Search corporate - reported results analysis


Oil Search corporate - reported results analysis

Report summary

Oil Search reported strong H1 results, underpinned by the continued optimisation of PNG LNG production. Higher realised prices and lower costs also contributed to a half year net profit of US$129 million. This was higher than the full year 2016 result and resulted in an increased dividend of US$0.04 per share.

With PNG LNG continuing to perform above nameplate capacity, 2017 production guidance has been upgraded. A strategic focus is LNG expansion, and the partners (Oil Search, ExxonMobil and Total) are aiming to present a development concept for the Elk-Antelope and P'nyang fields to the PNG Government in Q4 2017. Resource capture to support expansion is ongoing, with further appraisal planned at P'nyang South 2 (Q4 2017) and Murak 2 (early 2018).

What's included?

This report includes 1 file(s)

  • Oil Search corporate - reported results analysis PDF - 438.84 KB 35 Pages, 0 Tables, 2 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Reported Results Analysis report provides rapid response analysis on company quarterly results and strategy presentations. Use it to gain the upper hand with Wood Mackenzie's opinion on the latest corporate developments.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • H1 2017
    • Key takeaways
    • Overview
  • Q4 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q3 2016
    • Overview
    • Strategy / investment
    • Financial performance
    • Operational performance
  • Q2 2016
    • Overview
    • Strategy/investment
    • Operational Performance
    • Financial Performance
    • Exploration
  • Q1 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q4 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q3 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q2 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q1 2015
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • Q4 2014
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q3 2014 and Strategic Review
    • Overview
    • Strategic review
    • Investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q2 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q1 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q4 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q3 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q2 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Half-year 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Half-year 2014
    • Overview
    • Strategy/investment
    • Operational performance
    • Financial performance
    • Exploration
  • Full-year 2014
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • Full-year 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration

In this report there are 2 tables or charts, including:

  • H1 2017
    • H1 2017: Image 1
    • H1 2017: Image 2
  • Q4 2016
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • Q3 2014 and Strategic Review
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Q3 2013
  • Q2 2013
  • Q1 2013
  • Half-year 2015
  • Half-year 2014
  • Full-year 2014
  • Full-year 2013
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