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瑞銀:中海油(0883.HK)產量指引高預期 予買入評級
格隆匯 01-12 13:40

瑞銀髮表研究報吿指,中海油(0883.HK)公佈了未來發展指引,當中,集團2021至2024年的產量指引的下限超過該行預測每年約2%,而上限則超過該行預測3至4%。另外,2021年900億元人民幣的實際資本支出符合該行預測,而今年900至1000億元人民幣的指引低於則該行預測的1080億元人民幣。該行予集團“買入”評級,及目標價12.5港元。

瑞銀在報吿提到,管理層計劃通過派息及回購股票等來提高股東價值。該行相信,投資者很大可能對指引反應正面,雖然2021年計劃派發特別股息和股票回購的絕對金額尚未披露,但相信投資者會對這一消息感到驚喜,並將因管理層對股東價值的承諾而受到鼓舞。而從營運層面來看,集團再次展示出能力,因生產指引超出預期,同時資本支出指引低於預期。

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