Energiser Investments Share Discussion Threads

[waldron] 06/3/2020 17:27

Brent Crude Oil NYMEX 46.32 -7.34%
Gasoline NYMEX 1.42 -6.99%
Natural Gas NYMEX 1.76 -2.70%
WTI 42.385 USD -8.28%


FTSE 100
6,462.55 -3.62%
Dow Jones
25,569.81 -2.11%
CAC 40
5,139.11 -4.14%
SBF 120
4,070.41 -4.11%
Euro STOXX 50
3,232.07 -4.06%
DAX
11,541.87 -3.37%
Ftse Mib
20,809.16 -3.46%


Eni
10.234 -6.69%


Total
37.15 -4.87%

Engie
14.945 -4.99%


Bp
395.2 -5.16%

Vodafone
136.62 -3.01%

Royal Dutch Shell A
1,599.2 -5.37%

Royal Dutch Shell B
1,595.6 -5.85%

[waldron] 05/3/2020 17:23

Brent Crude Oil NYMEX 50.81 -0.63%
Gasoline NYMEX 1.55 -0.29%
Natural Gas NYMEX 1.83 -1.82%
WTI 46.56 USD -1.64%


FTSE 100
6,705.43 -1.62%
Dow Jones
26,374.64 -2.64%
CAC 40
5,361.1 -1.90%
SBF 120
4,244.83 -1.97%
Euro STOXX 50
3,363.58 -1.49%
DAX
11,944.72 -1.51%
Ftse Mib
21,587.06 -1.64%


Eni
10.968 -1.65%



Total
39.05 -2.24%

Engie
15.73 -1.26%


Bp
416.7 -1.41%

Vodafone
140.86 +0.92%

Royal Dutch Shell A
1,690 -2.73%

Royal Dutch Shell B
1,694.8 -2.52%

[waldron] 04/3/2020 17:37

Brent Crude Oil NYMEX 51.42 -0.85%
Gasoline NYMEX 1.54 +0.74%
Natural Gas NYMEX 1.85 +0.65%
WTI 47.03 USD +0.10%


FTSE 100
6,815.59 +1.45%
Dow Jones
26,459.1 +2.09%
CAC 40
5,464.89 +1.33%
SBF 120
4,330.02 +1.29%
Euro STOXX 50
3,420.56 +1.96%
DAX
12,127.69 +1.19%
Ftse Mib
21,865.16 +0.54%


Eni
11.152 +0.29%


Total
39.945 +1.59%

Engie
15.93 +4.56%

Bp
422.65 +1.86%

Vodafone
139.58 +4.54%

Royal Dutch Shell A
1,737.4 +0.80%

Royal Dutch Shell B
1,738.6 +1.0

[waldron] 02/3/2020 17:38

Brent Crude Oil NYMEX 51.90 +4.49%
Gasoline NYMEX 1.54 +3.64%
Natural Gas NYMEX 1.80 +4.10%
(WTI) 47 USD +5.32%


FTSE 100
6,654.89 +1.13%
Dow Jones
26,151.7 +2.92%
CAC 40
5,333.52 +0.44%
SBF 120
4,227.54 +0.28%
Euro STOXX 50
3,338.83 +0.52%
DAX
11,857.87 -0.27%
Ftse Mib
21,685.82 -1.36%



Eni
11.118 -0.36%


Total
39.1 +1.88%

Engie
15.135 +0.70%

Bp
411.25 +3.81%

Vodafone
133.56 -0.60%

Royal Dutch Shell A
1,716 +3.29%

Royal Dutch Shell B
1,712 +2.91%

[waldron] 28/2/2020 17:39

Brent Crude Oil NYMEX 49.71 -3.90%
Gasoline NYMEX 1.48 -2.82%
Natural Gas NYMEX 1.71 -2.57%
WTI 44.61 USD -4.68%

FTSE 100
6,580.61 -3.18%
Dow Jones
25,096.09 -2.60%
CAC 40
5,309.9 -3.38%
SBF 120
4,215.94 -3.37%
Euro STOXX 50
3,329.49 -3.76%
DAX
11,890.35 -3.86%
Ftse Mib
21,913.61 -3.89%

Eni
11.158 -5.10%


Total
38.38 -3.28%

Engie
15.03 -6.09%


Bp
396.15 -4.35%

Vodafone
134.36 -4.75%

Royal Dutch Shell A
1,661.4 -4.05%

Royal Dutch Shell B
1,663.6 -3.97%

[maywillow] 28/2/2020 12:44

Engie Sees No `Material Impact' From Coronavirus
[Bloomberg UK]
Bloomberg UK28 February 2020

Feb.28 -- Judith Hartmann, chief financial officer at Engie SA, discusses the impact of the coronavirus as the firm reported profit that beat estimates after cutting costs, restarting reactors, renegotiating gas-supply deals and expanding renewables. She speaks on "Bloomberg Markets: European Open."

[waldron] 27/2/2020 19:16

GTT optimistic for 2020 after a year of growth
AFP • 02/27/2020 at 17:53

GTT, a specialist in containment systems for maritime transport and the storage of liquefied natural gas (LNG), was optimistic for 2020 after publishing on Thursday rising results in a still buoyant market.

[waldron] 27/2/2020 19:07

PARIS (Agefi-Dow Jones) - The manufacturer of cryogenic membranes used to transport liquefied natural gas Gaztransport & Technigaz (GTT) announced Thursday that it would aim for a further increase in its gross operating surplus (Ebitda) and its turnover. business in 2020 when it exceeded its targets in 2019.


The group stressed that the coronavirus epidemic could cause "possible delays" in the construction of its ships.


The group, whose technologies equip most of the LNG carriers worldwide, saw its Ebitda increase by 3.3% in 2019, to 174.32 million euros while its turnover increased from 17.2% to 288.22 million euros.


The group counted on Ebitda from 160 to 170 million euros and on a turnover between 260 and 280 million euros.


Its net profit stood at 143.35 million euros, up 0.4%.


According to FactSet, analysts expected an average net profit of 136.9 million euros, an Ebitda of 167.1 million euros and a turnover of 276.6 million euros.


"We estimate that the 2020 consolidated turnover should be in a range of 375 to 405 million euros, the consolidated Ebitda in a range of 235 to 255 million euros, and we maintain our commitment to distribute, for the 2020 and 2021 financial years, a minimum of 80% of our net profit ", commented Philippe Berterottière, the chairman and chief executive officer of GTT, quoted in a press release.


GTT, which generates 85% of its turnover in South Korea and 10% in China, underlined that the main risk linked to the coronavirus consisted in "possible delays in the construction schedule of the ships, which could lead to a delay in the recognition of turnover from one financial year to another ". "As of the date of this press release, GTT has not observed any delay in the construction schedule for the ships," the group said.


"The risks linked to the impact of the epidemic on the world economy, and more particularly on the demand for LNG (liquefied natural gas), remain difficult to assess today," continued GTT. "The group recalls, however, that the LNG market is mainly based on financing and long-term prospects," added GTT.


The 2019 financial year was marked by record order intake, with 57 LNG tanker orders in particular.


The board of directors will propose at its next general meeting the payment of a dividend of 3.25 euros for 2019, against 3.12 euros for the previous year.


-Eric Chalmet, Agefi-DowJones; 01 41 27 47 95; [e-mail] ed: VAT


GTT FINANCIAL RELEASES:





Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


February 27, 2020 13:12 ET (18:12 GMT)

[waldron] 27/2/2020 18:44

Brent Crude Oil NYMEX 51.63 -2.23%
Gasoline NYMEX 1.52 -2.90%
Natural Gas NYMEX 1.73 -5.77%
WTI 47.21 USD -2.46%

FTSE 100
6,796.4 -3.49%
Dow Jones
26,703.22 -0.94%
CAC 40
5,495.6 -3.32%
SBF 120
4,363.05 -3.25%
Euro STOXX 50
3,455.92 -3.38%
DAX
12,367.46 -3.19%
Ftse Mib
22,818.17 -2.58%



Eni
11.758 -2.54%

Total
39.68 -3.33%

Engie
16.005 +2.33%

Bp
414.15 -3.33%

Vodafone
141.06 -3.58%

Royal Dutch Shell A
1,731.6 -2.80%

Royal Dutch Shell B
1,732.4 -3.00%

[waldron] 27/2/2020 18:28

GTT

Dividend in respect of 2019

On 27 February 2020, after approving the financial statements, the Board of Directors decided to propose the payout of a dividend of €3.25 per share in respect of FY2019. This dividend, payable in cash, will be submitted for approval at the General Shareholders' Meeting of 2 June 2020. As an interim dividend of €1.50 per share was paid on 27 September 2019 (in accordance with the Board decision of 25 July 2019), the payment in cash of the outstanding dividend balance, i.e. €1.75 per share, will take place on 10 June 2020 (ex-dividend date for the remainder of the dividend: 8 June 2020). The proposed dividend corresponds to a payout ratio of 84% of consolidated net profit.

Moreover, in accordance with the indications given by the Company upon its IPO, an interim dividend should be paid out in November 2020 in respect of FY2020.

Outlook

The Company has visibility as regards its revenue from royalties out to 2023 based on its order book at the end of 2019. In the absence of any significant order delays or cancellations, this corresponds to a revenue of €708 million for the 2020-2023 period8 (€375 million in 2020, €232 million in 2021, €79 million in 2022 and €22 million in 2023).

On that basis, the Group:

Announces a target of between €375 million and €405 million in consolidated revenue for 2020;
Announces a target of €235 million to €255 million in consolidated EBITDA9 for 2020;
Targets the payment of dividends amounting to a payout rate of at least 80% of consolidated net profit for FY2020 and FY202110.

Coronavirus

GTT generates most of its revenues in Asia, particularly in South Korea (85% in 2019) and in China (10%).

For GTT, the main risk of the coronavirus epidemic consists of possible delays in the vessel construction schedule, which can lead to delay in revenue recognition from one year to the next. As of the date of this press release, GTT has not observed any delay in the vessel construction schedules.

The risks linked to the impact of the epidemic on the world economy, and more particularly on the demand for LNG, remain difficult to assess today. The Group recalls, however, that the LNG market is mainly based on long-term financing and perspectives.

In addition, within the 456 Group employees, 60 are detached in shipyards (South Korea and China) and 39 employees are present in the Group's subsidiaries in Asia (1 in China, 38 in Singapore). GTT attaches particular importance to their health and that of their families. The Group has put in place recommendations, which are updated regularly according to the evolution of the situation, in conjunction with the Ministry of Foreign Affairs. Measures have also been put in place for head office employees.

GTT will inform the market in the event of a significant impact of the epidemic on its activities and results.

[maywillow] 27/2/2020 12:52

Agenda

27/02 2020

Release of 2019 Annual Results (after the close of trading)

[waldron] 26/2/2020 17:20

Brent Crude Oil NYMEX 53.60 -1.22%
Gasoline NYMEX 1.60 -2.79%
Natural Gas NYMEX 1.87 +0.81%
WTI 49.602 USD -1.13%

FTSE 100
7,042.47 +0.35%
Dow Jones
27,334.29 +0.93%
CAC 40
5,684.55 +0.09%
SBF 120
4,509.64 +0.11%
Euro STOXX 50
3,577.68 +0.14%
DAX
12,774.88 -0.12%
Ftse Mib
23,408.39 +1.38%



Eni
12.064 +0.73%


Total
41.045 -0.23%

Engie
15.64 +0.61%

Bp
428.8 +0.02%

Vodafone
146.3 -0.50%

Royal Dutch Shell A
1,781.6 +0.04%

Royal Dutch Shell B
1,786 +0.33%

[sarkasm] 26/2/2020 11:13

Upcoming events on GTT - GAZTRANSPORT ET TECH

02/27/20 FY 2019 Earnings Release

04/17/20 Q1 2020 Sales and Revenue Release - Activities Report

06/02/20 Annual General Meeting

07/29/20 Interim 2020 Earnings Release

[waldron] 24/2/2020 17:25

Brent Crude Oil NYMEX 54.99 -5.09%
Gasoline NYMEX 1.69 -4.19%
Natural Gas NYMEX 1.84 -3.81%
WTI 50.755 USD -2.49%


FTSE 100
7,156.83 -3.34%
Dow Jones
28,081.12 -3.14%
CAC 40
5,791.87 -3.94%
SBF 120
4,591.43 -3.74%
Euro STOXX 50
3,647.98 -3.92%
DAX
13,035.24 -4.01%
Ftse Mib
23,445 -5.36%


Eni
12.168 -4.67%

Total
42.165 -4.81%

Engie
16.095 -3.01%


Bp
438.25 -3.37%

Vodafone
150.68 -2.71%

Royal Dutch Shell A
1,821.8 -3.50%

Royal Dutch Shell B
1,822 -3.41%

[waldron] 24/2/2020 15:48

Engie SA said Monday that Chief Executive Isabelle Kocher would end her mandate before May 2020 and appointed Claire Waysand as the new CEO effective immediately.

The French utility's board "validated the approval by Isabelle Kocher of the proposal that was made to her to terminate her chief executive officer mandate before the end of her tenure scheduled in May 2020."

Ms. Kocher also resigned from the company's board, the company added.

Engie appointed General Secretary Claire Waysand as the new CEO as part of a collective management team that includes Executive Vice President and Chief Operating Officer Paulo Almirante and Executive Vice President and Chief Financial Officer Judith Hartmann.

Engie is scheduled to release its full-year results on Feb. 27 as planned.



Write to Giulia Petroni at [e-mail]



(END) Dow Jones Newswires

February 24, 2020 10:04 ET (15:04 GMT)

[maywillow] 23/2/2020 19:36

Government’s amendment to oil agreements, price review prompt industry to rise again: Shell

Shell Egypt’s total natural gas production level is 350m cubic feet per day, says Moataz Darwish
Mohamed Adel 2 hours ago Comments Off on Government’s amendment to oil agreements, price review prompt industry to rise again: Shell

As international oil companies change their business plans to keep pace with recent mega gas discoveries in Egypt, and the government formed a fuel automatic pricing committee to set fuel prices according to global prices, besides amending existing exploration agreements, Daily News Egypt interviewed Deputy Country Chair for Shell Egypt Moataz Darwish. Royal Dutch Shell is one of the companies that have developed their investment plans and switched its focus to gas exploration in deep-water areas.

Plunging gas prices are forcing Egypt to change its gas-selling strategy, how does Shell see this move?

The recent amendment and update of oil agreements by the Ministry of Petroleum led the sector to revitalise strongly, and prompt foreign partners to achieve many oil and gas discoveries, as the Egyptian market became more attractive.

Foreign companies’ increasing interest to invest in the Egyptian oil sector was a result of amending oil agreements in terms of required investment volume and project development costs. The Egyptian government’s periodic review of gas prices also contributed to encouraging foreign partners to implement development programmes and increase production rates.

What is Shell Egypt’s total natural gas production level?

Shell’s current gas production level is estimated at about 350m cubic feet per day. The Burullus deep-water field in the Mediterranean is the company’s largest gas field. An exploratory well is currently being drilled in the Burullus concession region, and we seek to drill a second well after completing the first.

What is the production level from Badr El Din fields?

The production of Badr El Din fields, which are located in the Egyptian Western Desert, reached around 120,000 barrel of oil equivalent per day.

When would Shell start exploration in the concessions it was awarded recently?

Shell Egypt intends to start the seismic survey and drilling exploration wells in the concessions that it recently won in the next fiscal year.

Last year, Shell Egypt was awarded exploration rights to five concession areas in two auctions, of which three are for searching for oil: West Fayoum, Southeast Horus, and South Abu Sinan, and the other two are for natural gas: North Sidi Gaber and North El Fanar offshore areas.

How is your operation contract of Idku liquefaction plant going amid low global gas prices?

We have a company that specialises in contracting and exporting gas to global markets. It has a large portfolio of gas supply contracts because Shell is the largest company in the world in terms of LNG exports.

Idku Liquefaction Plant, currently operated by Shell, was launched in 2005 in partnership between the Egyptian General Petroleum Corporation (12%), the Egyptian Natural Gas Holding Company (12%), British Gas (35.5%) -which was acquired by Shell- Malaysia’s Petronas (35.5%), and ENGIE (5%).

How do you see the recent amendments to the law regulating the gas market in Egypt that allow foreign partners to sell gas directly to the private sector?

This mechanism is followed in many countries around the world and we are waiting impatiently for its implementation because it is the best solution to liberalising the market.

[The law regulating the Egyptian gas market includes an article that allows a foreign partner to obtain a license to sell its share of local gas fields to the private sector at prices set by the Gas Regulatory Authority, as part of the government’s plan to liberalise the energy market locally.]

When will you start developing your recently acquired concession in the Red Sea?

Shell Egypt has been awarded two concessions in the Red Sea bid round, which was launched in March 2019. The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala (30%), while the second concession is located in Block 3 with Shell being the sole licence holder.

We are awaiting the Egyptian parliament’s approval, and then we can start the seismic survey and drilling the first exploratory well to know the size of reserves.

What are the updates of the Aphrodite gas field off the southern coast of Cyprus, of which Shell has a share?

No plan has been put in place to develop the Aphrodite discovery in the deep waters of the Mediterranean so far, as there is no way to link production at present.

US Noble Energy is the main operator of the field, while Shell is one the partners.

What does Shell see the future of the Egyptian oil market in light of the decline in gas prices globally?

Shell has a strategy based on global market studies until 2050, which expects an increase in market demand rates, which requires more discoveries. The existing gas discoveries will not cover global demand in light of urban and economic expansion worldwide

[waldron] 21/2/2020 17:26

Brent Crude Oil NYMEX 58.22 -1.84%
Gasoline NYMEX 1.75 -1.90%
Natural Gas NYMEX 1.91 -0.93%
WTI 53.3 USD -0.30%


FTSE 100
7,403.92 -0.44%
Dow Jones
29,034.75 -0.63%
CAC 40
6,029.72 -0.54%
SBF 120
4,769.97 -0.50%
Euro STOXX 50
3,800.38 -0.95%
DAX
13,579.33 -0.62%
Ftse Mib
24,747.46 -1.33%

Eni
12.764 -1.05%


Total
44.295 -1.02%

Engie
16.595 +0.70%

Bp
453.55 -2.71%

Vodafone
154.88 -0.08%

Royal Dutch Shell A
1,887.8 -2.02%

Royal Dutch Shell B
1,886.4 -1.80%

[waldron] 20/2/2020 17:34

Brent Crude Oil NYMEX 59.36 +0.41%
Gasoline NYMEX 1.77 -0.46%
Natural Gas NYMEX 1.99 +0.91%
WTI 53.91 USD +0.30%

FTSE 100
7,436.64 -0.27%
Dow Jones
29,075.88 -0.93%
CAC 40
6,062.3 -0.80%
SBF 120
4,794.12 -0.80%
Euro STOXX 50
3,822.98 -1.03%
DAX
13,664 -0.91%
Ftse Mib
25,210.4 -1.05%


Eni
12.9 -0.29%



Total
44.75 -0.67%

Engie
16.48 -0.99%


Bp
466.2 +0.73%

Vodafone
155 -0.51%

Royal Dutch Shell A
1,926.8 -0.07%


Royal Dutch Shell B
1,921 -0.62%

WHATTA LAST MINUTE SELL OFF

[florenceorbis] 20/2/2020 08:00

Engie: HSBC remains with a BUY ,target price raised from 17.40 to 19.10 EUR.

[waldron] 19/2/2020 17:24

Brent Crude Oil NYMEX 59.11 +2.35%
Gasoline NYMEX 1.77 +1.81%
Natural Gas NYMEX 1.96 -0.56%
WTI 53.15 USD +1.94%



FTSE 100
7,457.02 +1.02%
Dow Jones
29,367.49 +0.46%
CAC 40
6,111.24 +0.90%
SBF 120
4,832.59 +0.81%
Euro STOXX 50
3,865.18 +0.82%
DAX
13,789 +0.79%
Ftse Mib
25,473.39 +0.99%



Eni
12.938 +0.22%


Total
45.05 +0.79%

Engie
16.645 +0.57%


Bp
462.8 +1.16%

Vodafone
155.8 +0.32%

Royal Dutch Shell A
1,928.2 +0.73%

Royal Dutch Shell B
1,933 +0.59%