PetroKazakhstan - 500 Beiträge pro Seite

[DerDackel]

Hat jemand eine Ahnung, warum es da heute so runter geht ? Aktuell verliert die Aktie -12%. Bei Betrachtung der letzten Zahlen und Meldungen gäbe es eher eine Erklärung bei einem 12%-igem Anstieg, aber nicht für diesen Kursverfall.

Eine ähnliche Situation hatten wir schon einmal Mitte Oktober, als die Aktie ebenso stark fiel, aber diesen Verlust ebenso schnell wieder wett machte.

[neuzeiten]

ist doch klar das die runter gehen, bei dem chart den du dort zeigts

[neuzeiten]

obwohl man bedenken muss, das Canada 2 Tage frei hat

[DerDackel]

Ach so, na dann. Ich wußte nicht, das Börse so einfach sein kann.

[neuzeiten]

du sagst es

[neuzeiten]

also stopps waren es mit Sicherheit nicht, bei dem Handelsvolumen in Deutschland

[DerDackel]

Mich interessiert auch nicht der Kurs oder das Volumen in Deutschland, aber das Volumen in USA ist heute schon (außer)ordentlich.

Aktuell erholt sich die Aktie wieder etwas. Bei solchen Abschlägen in solch einer Company kann man dann auch einmal zugreifen.

[neuzeiten]

das ist ein Muss

[DerDackel]

Nun ja ein Muss gibt es , denke ich mal nicht an der Börse - obwohl, der short in ROGA war wirklich ein Muss

[karlbarl]

jetzt kann man einsteigen !!!

KGV 04: 4.4
KGV 05: 2.8


gewaltig

[DerDackel]

In October, the company reported a third-quarter profit of $176.2 million US or $2.30 per share for the three months ended Sept. 30, up from $91.2 million or $1.17 per share in the same period one year ago.

[NYichkomme]

das ist die nächste

die sich Putin einverleibt

[Melmaq]

PKZ soll 25% seiner Produktion gestoppt haben (Turgai 50/50 Joint Venture mit Lukoil)

Über die Gründe gibt es bisher keine News. Die Gesellschaft hält es wohl für nicht nötig, ihre Aktionäre zu informieren. Ein Fall für die US Börsenaufsicht.

Never catch a falling knive...

MfG

[DerDackel]

Na Gott sei Dank haben die mit Russland nicht ganz soviel zu tun und da braucht man nix befürchten.

Mich irritiert nur etwas das hohe Volumen heute.

[DerDackel]

@Melmaq

Quelle ?

[Melmaq]

das meldet Aton Capital (seriöser russ. Broker) unter Berufung auf Interfax.

[DerDackel]

Aton kenn ich schon - hast du zufällig einen Link ?

[Opirus]

schon von Yukos gehört?

[DerDackel]

OK ich habs .

[DerDackel]

PetroKazakhstan. Production halted at Turgai-Petroleum`s Kumkol field
Turgai-Petroleum, a 50/50 JV between PetroKazakhstan (PKZ) and Lukoil, has stopped production at its Kumkol field, Interfax quoted the company as saying yesterday. Turgai Petroleum blamed the stoppage on PKZ`s 100% owned subsidiary Petrokazakhstan Kumkol Resources, which it said shut down its pipeline receiver; PKZ officials confirmed the stoppage but did not elaborate. We would expect to see a press release from PKZ today, since yesterday was a national holiday in Canada where PKZ`s headquarters are located.

We see the news as a serious negative for PKZ, as the company`s 40,000bpd share in Turgai production accounts for around 25% of its own net production.

The stoppage is unlikely to affect 2004 results, which we expect to come in slightly under the company`s target of 160,000 bpd anyway. Going into 2005, however, this could be a major issue considering that Turgai`s 20% production growth in 2004 along with 25% growth of Kazgermunai, another JV of PKZ`s, were the main factors counterbalancing rapidly falling production at its main fully owned fields, Kumkol South (down 15% y-o-y in 3Q04) and South Kumkol (down 24%).

We suspect the pipeline shutdown that forced the production stoppage represents a resumption of the legal tussle between PKZ and Lukoil seen earlier in 2004. In 1Q04, legal disputes between Lukoil and PKZ forced the latter to suspend production from 19 wells, inhibiting production growth and in the end forcing PKZ to miss its original 2004 production target of 165mbd-170mbpd.

We are afraid that a prolonged stoppage in Turgai`s production could seriously undermine Petrokazakhstan`s investment case, possibly causing the company to materially miss our 2005 estimates as well as causing more severe long-term damage from a broken relationship with a partner in a key JV.

Pending the development of the Turgai issue we may review our current Buy recommendation on PKZ; we expect the stock to trade lower today.

[DerDackel]

#18

Ne was denn ???

[Melmaq]

wehwehweh.aton.ru

links, ziemlich weit oben ...

Also das Schlachtfest an der Nyse fällt in Anbetracht des negativen Ausblicks für das Lukoil JV doch milde aus?

Vielleicht hat Herr Putin über Lukoil ja doch seine Finger im Spiel? Auf jeden Fall würde ich erstmal abwarten.

[DerDackel]

Bisher immer noch kein ofizielles Statement von Seiten von PKZ.

Gut selbst wenn die Produktion gestoppt ist, weiß man noch nicht für welchen Zeitraum und welches die Gründe für diesen Stop waren. Das Öl ist und bleibt da, nur es rauszuholen verschiebt sich vielleicht etwas. Und in diesem Falle ist PKZ auf jeden Fall eine Buying opportunity. Das sehen wahrscheinlich auch andere so, deswegen auch gestern der "nur moderate" Absturz ?

Habe wie gesagt immer noch nichts richtiges gefunden. Auf lange Sicht gesehen, gehe ich davon aus, daß sich bei PKZ nichts ändern dürfte. - Hoffentlich

[Melmaq]

Einfach unglaublich diese Russenbuden!

For Immediate Release - December 29, 2004
Temporary Production Curtailment of Turgai Joint Venture


CALGARY, Alberta - PetroKazakhstan ("the Company") announces that production of Turgai Petroleum, its 50% Joint Venture with Lukoil, has been temporarily curtailed as a result of non compliance by the Management of Turgai Petroleum with existing agreements on marketing.

Historically, PetroKazakhstan Kumkol Resources ("PKKR"), as operator of the Kumkol South field and Turgai Petroleum, as operator of the Kumkol North field, have always shared the supply of the domestic market in proportion to their production. This equitable sharing has been confirmed at the level of Turgai Petroleum by various binding shareholders resolutions and other agreements including the KAM pipeline consortium agreement.

In December, the Management of Turgai Petroleum unilaterally sought to reduce its supply to the domestic market, creating a supply shortfall for the Shymkent refinery and a saturation of available storage capacity.

Following extensive but inconclusive discussions, PetroKazakhstan served formal notice on December 23rd and December 25th to Turgai Petroleum that it should either supply its share of the domestic market or face a curtailment of the processing of its crude oil production through the PKKR Central Processing Facility at Kumkol, effective December 27th. The curtailment is expected to extend for only a few days.

While PetroKazakhstan will take the necessary steps to protect its rights, it will also continue to seek an amicable resolution through ongoing discussions with Lukoil, its Joint Venture partner in Turgai Petroleum.

PetroKazakhstan Inc. is a vertically integrated, international energy company, celebrating its eighth year of operations in the Republic of Kazakhstan. It is engaged in the acquisition, exploration, development and production of oil and gas, refining of oil and the sale of oil and refined products.

[DerDackel]

Manchmal scheint es zu einfach zu sein.

+10 %

[DerDackel]

3. Hoover`s reports that PetroKazakhstan (NYSE:PKZ) is a Canadian oil and gas exploration and production concern. Early this morning, PKZ officials announced a temporary curbing of crude oil production at Turgai Petroleum (a joint venture between PKZ and Lukoil). The production halt, which began on December 27 and is expected to last only a few days and cause just a minor financial effect, was the result of marketing disagreements.

PKZ shares have spiked higher on the heels of this announcement. Rising nearly 10 percent today, the stock is nearing resistance at its 10-day and 20-day moving averages, which correspond with short-term resistance in the 37-38 region. The stock was in need of this jolt higher; since notching an annual peak on November 30, PKZ had been traipsing lower, losing more than 15 percent of its value in under a month.

Options players have stepped up to the PKZ plate today, trading about 1,700 call positions at the January 40 strike. This front-month option was heretofore home to less than 650 contracts, implying that the bulk of today`s volume could convert into new open interest tomorrow morning. Prior to today`s activity, the SOIR for PKZ weighed in at 0.67, near the top one-fifth of the past year`s collection of SOIR readings. While options players are denoting hints of pessimism, the short selling crowd is running for the hills. During the most recent reporting period, the number of shorted PKZ shares dropped by almost 70 percent to just 0.13 million, rendering the short-interest ratio barely worthy of mention at 0.16 times the stock`s average daily volume. Wall Street is also counter to the options crowd`s trend, as what few analysts cover the stock are cherry on its outlook. According to Zacks (www.Zacks.com), just three analysts follow the stock, all of whom name it a "strong buy."

[lonesome loser]

December 30, 2004

Orion Securities view

Turgai Production Curtailed
• PetroKazakhstan released news of a production cut.
The company announced that it had temporarily curtailed Turgai
production due to a dispute with its partner on existing marketing
agreements of production.
• Curtailment is expected to last less than a week. The company gave
formal notice of the curtailment to the management of Turgai Petroleum
on December 23 and 25, to be effective December 27. However,
PetroKazakhstan expects the production cut to only last a few days.
• The Kumkol North field accounts for 12% of PKZ production. The
production shut-in is at the Kumkol North field, where PetroKazakhstan
holds a 50% interest in the joint venture, which is operated by Lukoil.
Field production is around 40,000 Bbl/d (20,000 Bbl/d net to PKZ).
• We reiterate our US$45.00 target price and Overweight rating.

Summary & Investment Outlook
We view the shut-in of Turgai production as a relatively minor occurrence.
Although the market reacted rather severely on the day of the announcement, we
believe the impact of the production curtailment will be minimal.
PetroKazakhstan opted to shut-in production from the Kumkol North field where
it holds a 50/50 joint venture with Lukoil. The company expects the 20,000 Bbl/d
of net production to PetroKazakhstan to be back on stream within a few days.
We maintain our US$45.00 target price, which is based on our 2005
forecasts and represents 2.8x EV/EBITDA and 5.1x FDCFPS of US$8.79.
The Overweight recommendation is for a 29% potential upside.

[krausehausmeister]

habe heute morgen gekauft!

Nur wenig, weil das Länderrisiko sicher etwas höher ist wie in reifen Märkten, aber dafür ist der Value dieses Unternehmens enorm.
Das Unternehmen ist auf Basis der zahlen 2003 mindestens 4 Milliarden Euro wert, derzeit rund 2,27 Milliarden Euro.
Der 9 Monatsbericht zeigt erneut einen deutlichen Anstieg der Ergebnisse. Damit wird die Unterbewertung noch größer.
Das Ölproduzierende und verarbeitende Unternehmen PetroKazakhstan könnte aufgrund des 9 Monatsberichts eine Dividende von 18,9 % zahlen, ohne an seine Substanz zu gehen. Zwar werden nur ca. 1,3 % pro Jahr bezahlt, aber die finanziellen Möglichkeiten sind enorm.
Ich bin relativ sicher, dass der "fair value" aufgrund der Zahlen des Geschäftsjahres 2004 deutlich ansteigen sollte, weit über die vorhin genannten 4 Milliarden Euro hinaus.

Dank gebührt allerdings ganz besonders dem User Betterthantherest, der mich auf diese Perle aufmerksam gemacht hat.

Hausmeister

[krausehausmeister]

noch etwas:

Das Unternehmen hat eine blitzsaubere Bilanz und ist kerngesund. Einfach fantastisch, dass es an der Börse immer wieder mal solche Werte zu solchen Schleuderpreisen gibt.

Hausmeister

[brokerbee]

#12: meist du Putin überfällt seine Nachbarn nur wegen Öl??? Das machen doch nur die Amis

[lonesome loser]

PetroKazakhstan explains motives of its refusal to supply diesel fuel to agricultural producers at reduced prices

/INTERFAX-KAZAKHSTAN, Shymkent, March 11, 05/ - PetroKazakhstan explains its refusal to supply diesel fuel to agricultural producers at reduced price by the unclear for it policy of Kazakhstan ministry of power engineering
and mineral resources within the frameworks of this action.

"Ministry of power engineering, offering make the corresponding contract, without any agreement with us determines volumes of supplies of beneficial diesel fuel and its price having no right to do it", - said Terrans Powel the director of government and public relations of PetroKazakhstan at the press-briefing in Shymkent.

Besides, he says company has questions concerning the CLM distribution system.

"Last year we on purpose added a dye to diesel fuel, which was given to village inhabitants at reduced prices and revealed that in various regions of the country it was sold at commercial prices at filling stations. In other
words people make much money by this diesel fuel", - Powel said.

He also says PetroKazakhstan expresses disagreement concerning the fact the company has to pay VAT and excises on diesel fuel supplied at reduced prices.

Company says "in this case these payments are to be made by agricultural producers using beneficial fuel", Powel says.

He also says before PetroKazakhstan offered to the government to let it refine for diesel fuel sold to agricultural producers at reduced prices that volume of oil, which the government receives from company as royalty.

However company was refused.

He says last year PetroKazakhstan lost $48 m. Because of supplying CLM at reduced prices, and Kazakhstan received less by $15 m. taxes, and a part of peasants never received diesel fuel at reduced prices.

PetroKazakhstan is an integrated international energy company working in Kazakhstan for eight years. Company deals with exploration, extraction and export of crude oil, and also oil refining and oil products sale. Company
develops Kumkol group of fields in the south of Kazakhstan, it owns one of country`s three PR - Shymkent.

Company`s shares are sold at New York stock exchange, at Toronto stock exchange, at London stock exchange and at Frankfurt stock exchange. Since December 27 of 2004 company`s shares are traded at Kazakhstan stock exchange.

Average annual oil output of PetroKazakhstan in 2004 totaled 151103 barrels a day 24 hours in comparison with 151349 barrels a day in 2003.

At the same time "daughter" of PetroKazakhstan - "PetroKazakhstan Oil Products" (PKOP, owner of petroleum refinery in Shymkent) in 2004 refined 3.5 m. tones of oil that was less by 11.3% in comparison with 2003.

[2005-03-14]