Profi-Forum: Hurricane Hydrocarbons - 500 Beiträge pro Seite

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Wie wäre es, wenn wir über die kanadischen Öl-Aktie HURRICANE HYDROCARBONS ein Profi-Forum zusammenstellen, in dem aktuelle Informationen zu dieser Aktie - ohne Werturteile, dumme Sprüche, etc. - zusammengestellt werden.

Hier der Beginn, ein relativ aktueller Artikel zum geplanten listing an der NYSE.




Tuesday, 27.08.2002 21:07 MEZ

UPDATE 1-Hurricane shares jump on news of NYSE listing

(Updates with closing prices, adds background throughout)
By Jeffrey Jones
CALGARY, Alberta, Aug 27 (Reuters) - Shares in Hurricane
Hydrocarbons Ltd. surged more than 8.5 percent on
Tuesday after the Kazakhstan oil producer said it won approval
to list on the New York Stock Exchange next month.
Stock in Hurricane, whose oil production and refining
operations are solely in Kazakhstan, had been pressured over
the past months by squabbles with authorities in the central
Asian republic over export quotas and the firm`s dashed hopes
of gaining a key pipeline stake.
But the shares, now listed on the Toronto Stock Exchange
and on Nasdaq, have recovered since late July, when Hurricane
released better-than-expected results and announced a stock
buyback.
The shares jumped C$1.22 to close at C$15.55 in Toronto,
their highest level since June 19, after the news the firm won
the go-ahead to list on the Big Board from Sept. 12.
Hurricane`s Nasdaq shares, which will be delisted
on Sept. 11, rose 83 cents to $10.06.
The stock -- which has long been volatile -- was also
helped by high oil prices, as well as the impact of investors
covering short positions, said Wilf Gobert, analyst with Peters
& Co. Ltd.
"Despite the fact that the Nasdaq has thousands of stocks
on it, it`s recognized as being the high-tech index," Gobert
said. "The New York Stock Exchange is where companies that have
a (price-earnings ratio) trade."
Despite lower production in the second quarter due to
Kazakh government-imposed export quotas, Hurricane released
better-than-expected earnings in late July.
The stock had sunk from a high of C$24.35 in late March,
when the company was hit by the export curbs just as it started
a spring maintenance shutdown of its Shymkent refinery.
In June it was forced to scrap a much-anticipated
$100-million deal to gain a small stake in the Caspian Pipeline
Consortium export line when Kazakhstan`s state energy and
transportation firm essentially blocked the transaction.
Hurricane chief executive Bernard Isautier said in late
July that a series of discussions with Kazakh authorities aimed
at improving relations were progressing well, but declined at
the time to reveal any details.
Isautier hailed the approval for his company`s stock to
start trading on the NYSE. It will trade under the symbol HHL.
"Hurricane will be joining a prestigious group (comprising)
the largest international and Canadian oil companies listed on
the exchange and gain increased visibility in the global
investment community," he said in a statement.
($1=$1.56 Canadian)
((Jeffrey Jones, Reuters Calgary bureau [phone],
[e-mail]))

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Und noch gleich ein weiterer Artikel:

Reuters Company News
Hurricane shares jump on news of NYSE listing
Tuesday August 27, 5:07 pm ET

By Jeffrey Jones

CALGARY, Alberta, Aug 27 (Reuters) - Shares in Hurricane Hydrocarbons Ltd. (Toronto:HHLa.TO - News) surged more than 8.5 percent on Tuesday after the Kazakhstan oil producer said it won approval to list on the New York Stock Exchange next month.

Stock in Hurricane, whose oil production and refining operations are solely in Kazakhstan, had been pressured over the past months by squabbles with authorities in the central Asian republic over export quotas and the firm`s dashed hopes of gaining a key pipeline stake.

But the shares, now listed on the Toronto Stock Exchange and on Nasdaq, have recovered since late July, when Hurricane released better-than-expected results and announced a stock buyback.

The shares jumped C$1.22 to close at C$15.55 in Toronto, their highest level since June 19, after the news the firm won the go-ahead to list on the Big Board from Sept. 12.

Hurricane`s (NasdaqNM:HHLF - News) Nasdaq shares, which will be delisted on Sept. 11, rose 83 cents to $10.06.

The stock -- which has long been volatile -- was also helped by high oil prices, as well as the impact of investors covering short positions, said Wilf Gobert, analyst with Peters & Co. Ltd.

"Despite the fact that the Nasdaq has thousands of stocks on it, it`s recognized as being the high-tech index," Gobert said. "The New York Stock Exchange is where companies that have a (price-earnings ratio) trade."

Despite lower production in the second quarter due to Kazakh government-imposed export quotas, Hurricane released better-than-expected earnings in late July.

The stock had sunk from a high of C$24.35 in late March, when the company was hit by the export curbs just as it started a spring maintenance shutdown of its Shymkent refinery.

In June it was forced to scrap a much-anticipated $100-million deal to gain a small stake in the Caspian Pipeline Consortium export line when Kazakhstan`s state energy and transportation firm essentially blocked the transaction.

Hurricane chief executive Bernard Isautier said in late July that a series of discussions with Kazakh authorities aimed at improving relations were progressing well, but declined at the time to reveal any details.

Isautier hailed the approval for his company`s stock to start trading on the NYSE. It will trade under the symbol HHL.

"Hurricane will be joining a prestigious group (comprising) the largest international and Canadian oil companies listed on the exchange and gain increased visibility in the global investment community," he said in a statement.

($1=$1.56 Canadian)

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Hurricane Sees Winds of Change in Move to NYSE

Edmonton Journal

Calgary-based int`l oil producer brushes off recent woes as shares rise in N.Y. debut

By James Stevenson

Hurricane Hydrocarbons Ltd. began putting its miserable summer behind it as the Calgary-based international oil producer announced Tuesday that it will start trading on the New York Stock Exchange in September.

"Hurricane will be joining a prestigious group comprised of the largest international and Canadian oil companies listed on the exchange and gain increased visibility in the global investment community," said Hurricane chief executive Bernard Isautier.

Moving from the Nasdaq to the world`s premier stock exchange was welcome news to Hurricane (TSX:HHL.A), which is the largest private integrated oil company in the former Soviet republic of Kazakhstan. Shares in the company had plummeted more than 60 per cent since mid-May as export issues and pipeline availability sent investors running for the exits.

But the market appeared to like the move Tuesday, sending Hurricane shares up $1.24 to $15.57 in afternoon trading on the Toronto Stock Exchange.

"I think it`s a positive development for the company and should help broaden interest and exposure," said Robert Plexman, an energy analyst with CIBC World Markets in Toronto.

"They`re running a business and if you`re going to be in the States, the NYSE is a good place to be."

Late last month, despite posting quarterly profits that fell nearly 25 per cent to $33.8 million, Hurricane`s shares began to rebound.

Isautier reassured analysts that construction of the $90-million QAM project -- a 177-kilometre oil pipeline that will connect the company`s new oilfields to a rail terminal in the city of Dzhusaly -- had begun.

And he said discussions with government officials about exports and transportation were progressing well but he refused to divulge details.

Hurricane`s increasing share price was also attributable to the soaring price of oil, according to Wilf Gobert, an energy analyst with Peters & Co.

"They`re a 100 per cent crude oil producer, and with all the saber-rattling and what not, energy stocks have been pretty strong lately."

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Hurricane war gestern und vorgestern seit langer Zeit einmal wieder positiv in den USA notiert. Zwar sind es eher schleichende und kleine Verluste, jedoch gab es in der letzten Zeit einen klaren Abwärtstrend (ggf. durch die außenpolitischen Fragestellungen begünstigt).

Wie ist die Meinung des W- Publikums?

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So sind sie halt die Ölwerte: gibt es im Irak-Konflikt Säbelrasseln geht der Kurs hoch....