美銀證券:升中海油(0883.HK)目標價至16.7港元 反映油價及油氣產能較高
美銀證券發表報告,上調中海油(00883.HK)目標價,由15.1港元上調至16.7港元,重申“買入”評級,屬石油板塊首選。該行亦上調對中海油2019年至2021年盈利預測介乎6%至11%,以反映布蘭特期油去年每桶油價64.2美元,高於預期的63美元,與及對今年布蘭特期油油價預測上調至每桶62.2美元,同時預期公司油氣產量較預期強勁。
美銀亦基於去年首三季產出按年升4.5%至3.678億桶油當量,與及新項目投產,上調對中海油2019年至2021年各年產量預測2%至4%,至分別4.95億桶、5.3億桶及5.6億桶油當量。
該行指,產量超預期是因為去年南中國海較少颱風吹襲;圭亞那離岸油田提早投產;與及逾30個新項目可貢獻中長期產量增長等因素。中海油亦擬上調每日產量,由每日130萬桶油當量升至2025年的每日200萬桶油當量,意味產量複合年增長率為6%。

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