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Essar Oil (Credit Suisse) The Asian Refiner - Diesel cracks continue to ease |
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Refining margins down;Diesel cracks weaken, but seasonal strength should start soon | Date | Rating | Target Price | Recommendation Price | Broker house | | 1 Aug 2011 | outperform | 174 | 117 | Credit Suisse Report | |
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Essar Oil (UBS) Refinery expansion to drive performance |
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Upgrade Asia refining margins forecasts;We expect refinery expansion to 18mmtpa by September 2011;E&P business: Raniganj CBM has some visibility; Ratna PSC delayed;Valuation: maintain Buy rating and price target of Rs175.00 | Date | Rating | Target Price | Recommendation Price | Broker house | | 25 May 2011 | buy | 175 | 124 | UBS Report | |
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essar oil (Citi) 4Q: In Line; Buoyed By Strong Refining Margins |
4Q boosted by strong margins; Expansion project to be completed by Sep/Oct'11 vs. Jun'11 earlier; Updates on the Raniganj CBM project; Successful project execution a potential trigger
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 14 Apr 2011 |
hold |
161 |
138 |
Citi Report |
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essar oil (CreditSuisse) With the upgrade close to completion, EPS and cash flow should materially improve |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 13 Apr 2011 |
upgrade to outperform |
174 (from 155) |
135 |
CreditSuisse Report |
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Reports.DesiStockResearch.com |
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essar oil (JPMorgan) 4QFY11: Strong GRMs drive profit growth |
GRMs drive 4Q growth; Throughput remains robust; Raniganj closer to commercialization; Price target, valuations and key risks
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 12 Apr 2011 |
overweight |
160 |
139 |
JPMorgan Report |
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Reports.DesiStockResearch.com |
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essar oil (CreditSuisse) Higher 4Q GRM - waiting for improvements from refinery upgrade |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 20 Jan 2011 |
neutral |
155 |
125 |
CreditSuisse Report |
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Reports.DesiStockResearch.com |
Raising Target to Rs161; Site Visit Takeaways and 2Q Update
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 25 Oct 2010 |
Hold |
161 (from 155) |
142 |
Citi |
Reports.DesiStockResearch.com |
Hold: In-Line Quarter
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 27 Jul 2010 |
Hold |
155 |
130 |
C |
links
Reports.DesiStockResearch.com |
Essar Oil stock recommendation and news
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 1 Jan 2010 |
1 |
1 |
1 |
1 |
| 1 Jan 2010 |
1 |
1 |
1 |
1 |
| 1 Jan 2010 |
1 |
1 |
1 |
1 |
| 1 Jan 2010 |
1 |
1 |
1 |
1 |
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NSE Link
Reuters Link
Reuters India Link
Reports.DesiStockResearch.com |
