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加拿大皇家银行表示,Expand Energy在利润率和股票回购方面取得进展,目前股价处于折价交易状态。

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-- 加拿大皇家银行资本市场(RBC Capital Markets)周一在一份电子邮件报告中指出,Expand Energy (EXE) 正在推进一系列提升利润率的商业举措,并有望通过股票回购提高股东回报。该公司目前的股价较同行存在“显著折让”。 报告重点提及了与 Delfin FLNG 1 号船相关的新的年产 115 万吨液化天然气 (LNG) 承购协议。该协议提前了原定的交付时间,并支持公司实现每千立方英尺当量利润率提升 0.20 美元的目标,相当于约 5 亿美元的自由现金流。 报告还指出,Expand Energy 仍“有望”实现其 2026 年 27.5 亿至 29.5 亿美元的预算目标,以及每日 74 亿至 76 亿立方英尺当量的产量目标。同时,公司也保持着灵活调整业务活动水平的机制,以应对天然气价格疲软的情况。 该公司指出,西海恩斯维尔油井的早期勘探结果令人鼓舞,领导层过渡工作也在持续推进中,预计将于2026年下半年任命首席执行官。报告还指出,在第二季度偿还约13亿美元的债务后,资本回报可能会越来越倾向于股票回购,而非“浮动股息”。 加拿大皇家银行(RBC)对Expand Energy的评级为“跑赢大盘”,目标价为145美元。

Price: $99.78, Change: $-0.34, Percent Change: -0.34%

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