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《大行報告》匯豐研究:中海油(00883.HK)可受惠產能、成本優勢及股本回報率提升
阿思達克 10-11 10:53

匯豐環球研究發表報告表示,中海油(00883.HK)於上月底在海南舉行了非交易路演,透過活動更了解公司在南海的西部業務情況及前景,包括陵水17-2氣田可於2021年年底可投產,公司亦表達出對長期勘探、成本控制及技術發展的承諾。

該行指,南海西部佔公司去年產能12%,公司計劃在未來七年令該區域的產能複合增長率提升1%至5%,包括陵水17-2氣田投產,此符合公司一向穩定產出指引,並更聚焦於天然氣。

匯豐環球研究重申對中海油「買入」投資評級,指為該行喜愛的大型石油股之一,予目標價16.6元,此相當綜合市賬率1.44倍,料其2020年股本回報率達12.9%,潛在升幅45%,料其可受惠產能持續提升、具成本競爭優勢、及股本回報率提升所支持。

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