The analyst fair value estimate for Genel Energy has been raised to £0.93 from a prior £0.83, according to Simply Wall St. The revision lifts the forecast revenue growth assumption to 34.33% from 16.69% and the expected net profit margin to 10.54% from 5.64%. The future P/E multiple applied to the stock drops to 33.44x from 58.06x, while the discount rate rises to 7.56% from 7.11%. The update also points to Tawke production, where operating costs run below US$4 per barrel, and any shift from domestic sales to Iraq Turkey Pipeline exports as factors that could influence revenue and cash flow, alongside potential added production from Oman's Block 54 and the Toosan prospect in Somaliland. Key risks cited include reliance on Kurdistan assets, unresolved receivables from the KRG and possible delays to new asset acquisitions or exploration projects.
Genel Energy PlcAnalyst fair value estimate for Genel Energy raised to £0.93 from £0.83 with higher revenue growth and net margin assumptions.
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GEA GROUP
GEA Group Aktiengesellschaft
