Only minor estimate changes ahead of Q3
Maha Energy has preannounced its Q3 production through monthly production updates. Net production for the quarter was 1,953boe/d, slightly below our estimate of 2,044boe/d, and we update our estimates according to the new production numbers. Also, in our recent crude quarterly report, we revised our oil price assumptions and extended the USD 85/bbl price plateau into '28. This has a positive impact on our valuation for Maha, increasing our YE'23 NAV to SEK 16.5/sh (SEK 15.9/sh). Overall, however, we make only minor, short-term estimates revisions in absolute terms ahead of the Q3 report.
Aktuellt
SENASTE
