Table 1: Notional multi-phase development at Guyana: about $22/sh to Hess Gross Barrels Full Project NPV Hess 30% Interest NPV net to (mmboe) $MM NPV Hess (mmboe) $mm $mm $/sh Liza Early Production System 425 4258 1,277 $3.9 Phase 1 600 4,932 1,480 $4.6 Phase 2 600 3,821 1,146 $...
Results for “Guyana”
Search across the indexed text of every released document.
Names that match “Guyana”
9 documents found
…rilling in the Bakken with a stated ramp up to 6 rigs from 2 currently returning the play to growth in 2017.. The first Guyana development (Liza) expected to achieve FID by 2Q17 and which we expect to confirm industry leading economics. Start-up of the first of two major developm...
President Maduro has revived old border disputes with Guyana
…look: inflection point from 2Q17 600 500 400 300 200 100 1Q16A 2016 4Q17E 3Q18E 2Q19F 1Q20E 2020E 4Q21E 3Q22E m Guyana m Utica m NMB Valhall m Stampede gJDA mEG m Other GoM mOther/base mBakken Source: BofA Merrill Lynch Global Research estimates Critically, Hess has mu...
…mpany in the sector. This is likely to kickstart an extended period of growth in 2018/19 but with the contribution from Guyana driving a step change in Hess’ growth trajectory through 2025. Near term, we think Hess is also poised for an inflection in free cash flow that is reason...
…umes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10/ sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to our price objective are: 1) the oil and gas price e...
…hares Outstanding 284 310 313 313 323 324 324 Market Cap 22,341 22,684 22,814 22,814 22,814 22,814 22,814 Non-producing Guyana NAV - - - - Net Debt 3,914 4074 4.832 5,243 4,983 4441 3,020 Pref 557 557 557 EV 26,255 27,315 28,203 28,614 27/97 27,295 25,834 DACF 2,321 1,127 2,150...
…umes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10/ sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to our price objective are: 1} the oil and gas price e...
…r -10.1x -31.1x -3.8x -1.0x 0.1x term to $75 WTI / $80 Brent. Investment case anchored by exploration prospects led by Guyana. Added to this, it has a strong balance sheet, low Income Statement Data (Dec) (US$ Millions) 2015A 2016A 2017E 2018E 2019E risk production visibility...