contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      viewerIsFollowing
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
      id
    }
    createdAt
    ... on Video {
      liveTime
      tags {
        viewerIsFollowing
        id
      }
    }
    ... on Webcast {
      liveTime
      tags {
        viewerIsFollowing
        id
      }
    }
    slug
    ... on CompanyReport {
      tags {
        viewerIsFollowing
        id
      }
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    pageUrl
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Maha Capital is an international oil and gas company focused on being an active investor in the energy, minerals and other industries. The company's goal is to build a diversified and balanced portfolio of assets that have solid business fundamentals, a balanced risk and return profile and potential for cash flow generation. The company is headquartered in Stockholm.

Maha Capital

Q2 estimates down on lower production from the Tie field Drilling campaign to commence in Oman from Q4Share price discounts USD 58/bblLower production from Tie field drives revision of estimatesAfter...

Q2 estimates down on lower production from the Tie field Drilling campaign to commence in Oman from Q4 Share price discounts USD 58/bbl Lower production from Tie field drives revision of estimates After a record strong Q1’22 for Maha Energy, we see a softer Q2 driven by lower production from the Tie field. Based on production data from ANP, we lower our production estimate for Q2 to ~3.2k boe/d from 4.5k boe/d previously. Given a lower exit rate production from Q2, we also lower our Q3e to 3.7k boe/d, down from 4.9k boe/d. The disappointing production volumes lower our Q2e earnings. We now see EBITDA of USD 16.9m, below FactSet consensus at USD 23.7m, and free cash flow of USD 1m in the quarter, below consensus at USD 16m. Mafraq back in focus for H2 Maha recently announced the contracting of a new drilling rig for the six well campaign at the Mafraq field. The rig is expected to mobilize in October and will replace the rig from GBS, previously announced to be withdrawn. In addition, Maha today announced a farmout agreement on Block 70 with Mafraq Energy, bringing its working interest down to 65% and reducing the future capex net to Maha on the field. The deal requires Mafraq energy to reimburse Maha for its prorated share of all past costs and pay its share of future expenditure. It is positive to see that Maha was able to secure a new drilling rig for the campaign and these events put the drilling at Mafraq back as a key event for H2’22. Currently, we have not included any production from Mafraq in our estimates and valued the block at book value. Thus, this represents upside potential to our current fair value range. Current share price discounts USD 58/bbl In line with other E&amp;Ps and the energy sector in general, Maha’s share price has come down in recent months. At the current levels, we estimate that Maha discounts brent at USD 58/bbl, down from USD 68/bbl last quarter. The current NAV/sh on our oil price estimates is SEK 24.7 and the P/NAV is 0.57x. Läs mer på ABG Sundal Collier