OCY - mulig justering av utbytte fra Q1 2020

inva
OCY 28.05.2019 kl 17:56 2518

OCY letter på sløret vdr. fremtidige utbytter uten FPSO i arbeid fra 2020.

When reviewing future dividends of Ocean Yield, the prospects for long-term
employment of the FPSO will be taken into consideration. If no satisfactory
employment can be firmed up within the end of Q1 2020, an adjustment of the
current dividend level of USD 0.191 per share per quarter will be considered.
Based on the expected earnings from the existing portfolio of vessels with long
term charters and the company's continued growth ambitions, a quarterly dividend
of about USD 0.15 per share as from Q1 2020 is currently considered to be an
appropriate dividend level until a new employment contract is secured for the
FPSO.


https://www.oceanyield.no/Investor-Relations/Press-releases/Inside-Information/Extension-of-option-for-long-term-charter-with-Aker-Energy-for-the-FPSO-Dhirubhai-1
so
28.05.2019 kl 18:04 2460

Opsjonen forlenget til september, og om D1 ikke skulle bli satt i drift etter 2020q1 så vil de fortsatt betale fast utbytte på 0,6 dollar (ca5,25kr) . Er ikke det fortsatt knallsterkt da?
Tipper D1 kommer i jobb også....
roms
28.05.2019 kl 18:40 2389

Dette er kjempebra. Det vil si at de gir ett gulv til markedet om at de klarer utbytte som tilsvarer 8,5 % yield nå uansett fra neste år.

Her ligger den en knall oppside for selskapet når dh1 kommer på kontrakt. Og uansett en yield på over 8,5 er kjempe bra. Dette var positivt.

I tillegg så er det ett annet stort selskap som er interessert i å få dh 1 på kontrakt, og når de betaler studien så er de seriøst interessert

0,15 usd/kv er fortsatt godkjent fom 1kv 2020. Før eller senere får de FPSO' en på rate, tipper dette skjer inneværende år......

Denne meldingen har jeg ventet på siden jeg kjøpte de første aksjene i 2014.
OCY har faste kontrakter de neste 10-15 årene.
De guider nå med et minimumsutbytte på 8,5 pst. til "evig tid".

Silberman
Redigert 28.05.2019 kl 21:19 Du må logge inn for å svare

Meget positiv melding.
At selskapet allerede nå kommuniserer hva man kan forvente uten DB-1 bidrag er avklarende.
Nå vet vi hva vi kan forholde oss til « til evig tid».
Nesten 10 % dividende !
Har sittet siden nov 2013 og fått nesten 30,- i utbytte og en dobling i kursen.
En perfekt aksje for den som ønsker stabilitet og god avkastning i en urolig verden.

En god low-risk aksje, men jeg tror Mr Market vil reagere negativt. Tidligere har ledelsen signalisert at utbyttet opprettholdes og at de føler seg sikre på å skaffe arbeid til fpso'en. Q1-presentasjonen var første gang det kom forbehold. Risikoen for en lang periode uten cash flow fra fpso vurderes økt nå.
S

Hello 55nok my old friennnnnd... ?️
Redigert 28.05.2019 kl 21:45 Du må logge inn for å svare

Tror også markedet kjører denne ned i morgen dessverre
tingen2
29.05.2019 kl 12:11 1664

Fylte på med en del aksjer nå. Ett jevnt utbytte er aldri å forakte.

Utbytte är ju gott relativt andra placeringar!
Bra läge att fylla på och problematiken med D1 blir mindre och mindre ju mer OCY investerar i nya skepp.
Ligger du lång så ligger du lugnt.

Grillkrydder nailed that one on the head, 54,70 rt ...... well done

Personally I didn't think it would drop that low, so in a bit early, but ok. The dividened is good anyways, and even with the oil price going lower, it only makes it that much more attractive to use a cheaper FPSO solution than building new .....

tingen2
13.06.2019 kl 20:32 700

The Energy Ministry has asked Aker Energy to prepare a revised version of the entire integrated Plan of Development (PoD) the oil Company submitted to the Ministry on March 28 this year for the development of the Pecan Oil Field.

This follows its decision, partly on the advice of the Petroleum Commission and key industry stakeholders who recommended for a review of the whole agreement. Per the contract terms, Aker Energy has 45 days to submit the revised version of the new agreement– which is expected to expire on 27th June, 2019.

However, Aker Energy has requested for extension of the deal as a result of the company realizing that it cannot meet the deadline set for submission of the revised version of the plan of development.

The latest developments amount to a delay in the execution of what was already a tight timeline for the development of Ghana’s fourth oil field and one which could possibly as much as double the country’s oil production. Aker had announced that the field would commence production as early as late next year – a timeline which some industry analysts were already asserting was overly optimistic – and the current delay concerning approval of a PoD will certainly put paid to that deadline.

Reports gathered by the Goldstreet Business indicate that after the Ministry of Energy had reviewed the PoD by undertaking a series of assessments to ascertain Aker Energy’s capabilities and its plans to develop the Pecan Oil Field, the Ministry then returned it to the oil company for revision to be done.

The Commission confirmed this information, but insisted that it is a normal procedure and that there was nothing unusual with the process which is allowed for by legislation. Importantly, it by no means cast any doubt as to the eventual approval by government of a PoD by Aker which would subsequently be implemented.

Just as importantly, according to the Petroleum Commission, the insistence for a revision by government has nothing whatsoever to do with the recent controversy raised by IMANI Africa as the validity of the Petroleum Agreement which Aker is basing its ongoing activities with regards to the Pecan oil field.

Speaking with the Goldstreet Business, the Deputy Chief Executive Officer (CEO) of the Petroleum Commission, Mr. Prince Benjamin Aboagye said they were looking up to the tail end of this month for it to be presented to the sector Minister for approval or otherwise.

“At every stage, the expectation was to count 45 days for them to send back the revised version to the Minister and at the same time they [Aker] have that window where they can seek for extension”, he noted.

In January this year, Norwegian oil exploration company, Aker Energy announced the discovery of what is far and away the biggest oil find in the country off the coast of the Western Ghana (166 kilometres (100 miles) off Takoradi.

The find occurred in the oil rich Deepwater Tano Cape Three Points (DWT/CTP) block, which has given rise to Ghana’s three oilfields already in production namely, the Jubilee, Tweneboa Enyenra Ntomme (TEN) and Sankofa Gye-Nyame fields.

According to the oil and gas operator, the Pecan field holds an estimated 450-550 million barrels of oil equivalent (mmboe), and further exploration could possibly increase the total reserves to as much as 600-1,000 mmboe.

The reserves already identified possibly eclipse the finds behind the three existing oilfields. Jubilee has reserves of 370 million barrels, TEN has 240 million barrels whereas the Sankofa field has 204 million barrels. This implies that the Pecan oil field could conceivably have reserves that exceed the estimated reserves of the three existing fields put together.
milk
13.06.2019 kl 21:46 618

Dette er et forum hvor vi skal "koke" ting ned til det fundamentale.....
tingen2
13.06.2019 kl 22:08 566

Flere norske rederier har skip i Omanbukta, viser skipssporingsdata fra Vesselsvalue.

Det skipseiende Aker-selskapet Ocean Yields tankskip STI Supreme seiler også gjennom området, og har vært der nylig.

Direktør Marius Magelie for finans og investorkontakt i Ocean Yield peker på at skipet er leid ut på en langvarig kontrakt til det USA-noterte tankrederiet Scorpio Tankers, og at det er motparten som har all driftsrisiko.
– Vi er finansiell eier og har ingen påvirkning på hvordan de drifter skipene, sier han.
pengex
14.06.2019 kl 12:50 376

Håpe det ikke blir noe klabb hvis forsikringa må brukes da. Som leietager er jo stort sett ting ferdig forsikret.