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摩通:重申中海油(0883.HK)“增持”評級 目標價16.84港元
格隆匯 01-14 13:58

摩通發表研究報告,相信市場對中海油(00883.HK)今年的策略更新反應正面,因公司大幅提升產能目標及增加開支。公司繼續針對成本控制和效率,同時注重資源發展,尤其在中國方面。整體而言,該行維持公司是其亞洲股票中的首選股之一,因其提供較好的價值和股息,重申“增持”評級,目標價16.84港元。

該行指,公司今年的資本開支指引增6-18%,符預期,並提升2020-2022年產量目標,相信來自新項目的貢獻。公司去年的產能為5.03億桶油當量,而該行預期為4.97億桶油當量。

公司沒有為上游成本的和開支提供數字,但摩通預期今年整體成本與去年相若。派息方面亦無更新,但摩通相信可以維持在現水平。

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