production

Oil drillers

Commodities

Oil at US$40 no problem as US drillers snub OPEC with hedges

CHICAGO/HOUSTON (March 16): OPEC’s worst enemy isn’t US shale drillers. It’s the hedges propping them up.

Results

Bumitama Agri’s 4Q earnings more than double to $48.8 mil

SINGAPORE (Feb 24): Bumitama Agri announced 4Q earnings of IDR 461.58 billion ($48.8 million), about 2.5 times of the IDR 184.67 billion a year ago on higher revenue.

Broker's Calls

This palm oil company is looking forward to a good 4Q

SINGAPORE (Nov 1): DBS is maintaining its “buy” rating on Indofood Agri Resources and its target price of 58 cents, after the palm oil company posted core earnings of IDR130 billion ($13.8 million), which were above the brokerage’s expected IDR120 b

Broker's Calls

First Resources sees clearer skies

SINGAPORE (Sept 15): UOB Kay Hian is maintaining its “buy” call on First Resources and its target price of $2, even as with the palm oil grower’s share price rising 19% from recent lows.

Broker's Calls

Rock-solid outlook for AsiaPhos

SINGAPORE (Aug 18): NRA Capital is maintaining its ‘overweight’ rating on AsiaPhos with a fair value of 19.5 cents.

Why is Bumitama Agri 'buy' despite weaker 2Q production?

SINGAPORE (July 22): UOB Kay Hian is reiterating its “buy” recommendation on Bumitama Agri (BAL) with a lower target price of $1.25 from $1.30 previously.
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