Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on CHARIOT OIL & GAS LTD. We currently have 23 research reports from 3 professional analysts.
|09Jan17 07:00||RNS||Approval of farm-out|
|29Dec16 04:37||RNS||Price Monitoring Extension|
|20Dec16 04:35||RNS||Price Monitoring Extension|
|15Dec16 04:35||RNS||Price Monitoring Extension|
|15Dec16 07:00||RNS||Pre-Close Operational Update|
|13Dec16 12:07||RNS||Second Price Monitoring Extn|
|13Dec16 12:02||RNS||Price Monitoring Extension|
Frequency of research reports
Research reports on
CHARIOT OIL & GAS LTD
CHARIOT OIL & GAS LTD
The Oily Rag
11 Nov 16
Topic of the quarter: We discuss the outlook for the North Sea following the Wood Review and restructuring within the industry since the downturn in the oil price. Consistent with other mature regions, the North Sea has struggled with declining production and a stubbornly high cost base. Following the Wood Review and changes to the fiscal terms and regulatory environment, we discuss how these developments could prolong production and maximise economic recovery in the long term. Issues remain surrounding decommissioning and appetite for the region given its maturity but there is now at least a clear framework around which the industry can constructively operate. We feel that the future of the North Sea will be driven by the smaller, more nimble E&Ps and we profile Hurricane Energy, Ithaca Energy, Independent Oil & Gas and Parkmead Group. We also discuss the opportunities for the service sector.
The Oily Rag
05 Aug 16
Despite a particularly mild winter, the US power sector used 2.2tcf of gas between December and February, an increase of over 10% on the previous year. The key driver for this increase has been a shift away from coal due to the introduction of stricter environmental controls on the sector under the terms of the ‘Clean Power Plan’. As a result, the electricity sector now accounts for c30% of gas demand in the US, and this is set to increase further as more coal-fired generation is replaced by cleaner gas-fired capacity.
17 Jun 16
"London equities appear set to record strong gains this morning, with reports of the tragic murder of a UK Member of Parliament apparently throwing the Brexit debate into disarray. Expected closing of referendum-led shorts, while also riding on new confidence gleaned from the overnight and early morning international markets ending their losing streaks, means that the FTSE-100 is seen opening up around 40 points. A strong expression of public revulsion on the daylight attack, that was reportedly carried out in the name of UK independence, resulted in significant gains for the 'Remain' vote in the betting markets during late-afternoon trading. This point highlights the fact that the vote, which polls suggest had swung convincingly in favour of the 'Leave' camp, is by now far from a certainty and upon which financial markets are prepared to express quite dramatic relief. US stocks climbed Thursday, snapping a five-session streak of losses as telecommunication and utilities shares recovered, while the Nikkei in Japan rose off its four-month low, dragging most Asian markets behind it, as its government left its assessment of the overall economy unchanged despite suffering from exceptional recent Yen strength. The UK has scheduled no major data or corporate results due for release for this morning, although the IMF will report on the UK economy, while in Europe the ECB president Mario Draghi will also be speaking." - Barry Gibb, Research Analyst
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
10 for 17
09 Jan 17
As always at the start of a year, there are significant uncertainties about the year ahead but I think in 2017, the level of uncertainly has decisively moved up a gear. In fact, a leading economist at the LSE, Ethan Ilzetzki, was recently quoted as saying “I view the current global economic environment as the most uncertain in modern history”. Wow.
Minor delay but lower cost and better visibility enhance the investment profile
13 Jan 17
First oil at Stella is delayed by about a month, reducing the contribution of Stella to FY17 production by the same period. While this has an impact on FY17e free cash flow, this is negligible to our valuation. More importantly, FY17 opex are estimated at only US$18/boe, below our estimates of US$20/boe. There are opportunities to reduce opex further. Harrier is expected to reach first oil in 2018, one year earlier than we expected and at a cost of US$40 mm lower than we anticipated. The overall development cost is less than US$6.0/boe. Ithaca holds numerous discoveries around Stella that would be developed with a similar cost structure to Harrier.
GMP FirstEnergy ― UK Energy morning research package
10 Jan 17
GeoPark (GPRK-NYSE) 1,6; BUY, US$6.50: 4Q16 operations update and production results | Northern Petroleum (NOP LN)1; SPEC. BUY, £0.10: Results of open offer | Serica Energy (SQZ LN) (not covered): Operations Update | Roxi Petroleum (RXP LN) (not covered): BNG Operational update in Kazakhstan | Tullow Oil (TLW LN); REDUCE, £2.90: Transaction in Uganda frees up cash for Kenya | Eco Atlantic (EOC CN) (not covered): Intention to list on AIM –