Oil Search (OSH)
Oil Search Ltd. engages in the business of oil and gas exploration. It operates through the following segments: PNG Business Unit, Exploration and Other. The PNG Business Unit segment engages in the development, production and sale of liquefied natural gas, crude oil, natural gas, condensate, naphtha and other refined products. The Exploration segment includes exploration and evaluation of crude oil and gas in Papua New Guinea. The Other segment consists of drilling rigs, investment and development towards the group's power strategy and corporate activities. The company was founded in 1929 and is headquartered in Sydney, Australia.
|Market Price at 20-11-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Oil Search:
Thursday, October 23, 2014
What are the shares of the future, the ones that should find a place in every share investor's portfolio?
The Sydey Morning Herald asked five leading share analysts to nominate five shares each.
The picks have to be suitable for conservative investors who intend to invest for the long term.
Naturally, those requirements lead to the larger companies that tend to pay higher dividends than other companies and often, but not always, have high levels of franking credits.
With interest rates at a 50-year low, investors have been chasing yield on the sharemarket.
As a consequence, share prices of the big dividend payers, such as most of the big banks and Telstra, have, until recently, risen strongly over the past two years.
Much of the sell-off on the Australian sharemarket over the past few weeks has simply followed selling on Wall Street.
Thursday, October 09, 2014
With the low growth environment likely to continue for some time, investors chasing double-digit growth need to look beyond cyclicals wired to the struggling Australian economy, and refocus on sectors displaying what are known as ‘secular growth opportunities’. For those unfamiliar with the term, ‘secular’ refers to companies with growth upside that’s less reliant on macroeconomic drivers and more hitched to company or sector-specific dynamics.
Tuesday, October 01, 2013
If the rapid rise in the oil price is tempting investors to add more energy exposure to their share portfolios, AFR Smart Investor suggests readers should pick their targets carefully.
According to Skaffold, the majority of Australia’s listed oil and gas plays have run far beyond what their businesses are worth.
Australian energy stocks are “well overvalued”. Oil Search (OSH) is trading at a 90% premium to Skaffold’s intrinsic value estimate, Santos (STO) at a 80% premium and New Hope Corporation (NHC) at a 78% premium.
Value investors tend to shy away from resources stocks due to the cyclical nature of the sector, AFR Smart Investor wrote in the October 2013 print edition.
Tuesday, June 11, 2013
While often overlooked by investors when analysing fundamentals, there’s no better insight into what’s left for you as a shareholder in a business once it’s paid all its bills than an analysis of cash flow. When it comes to assessing the investment quality of a company's cash flow, you should be attracted to those with sufficient money in the bank to fund their operations and produce an ongoing Funding Surplus. The greater a company’s Funding Surplus the more likely it is to avoid excessive borrowing, expand its business, pay dividends and withstand any economic downturns.
You need to be wary of well-known large-caps with unhealthy cash positions which may still attract uninformed investors due to their size. High profile stocks with large debt and poor cash flow – which contributes to poor Skaffold Scores - include: Sonic Healthcare (SHL), Seven Group Holdings (SVW), James Hardie Industries (JHX), Toll Holdings (TOL), Oil Search (OSH), Woodside Petroleum (WPL), Leighton Holdings (LEI), Asciano (AIO), Duet Group (DUE), Tabcorp Holdings (TAH), Transurban (TCL), Brambles (BXB), Origin Energy (ORG), SP AusNet (SPN), APA Group (APA) and Sydney Airport Holdings (SYD).
Wednesday, October 24, 2012
Today when you login to Skaffold, navigate to the Skaffold Score Evaluate screen for AMP Limited, Coca-Cola Amatil, Westfield, Rio Tinto or Westpac (they’re just a few companies whose Skaffold Score changed last night). You’ll notice the 2012 columns look a little different. Skaffold’s interim Scores ensure you have access to the latest reported financial information for every company. Skaffold’s Scores are based on past reported results and do not take into consideration future value forecasts. The Scores are completely objective and manufactured independently of human intervention and personal opinion. Continue reading the see a summary of the companies that reported at 30 June and their resulting interim Skaffold Scores.
Monday, October 15, 2012
Next week we’ll release a major upgrade to Skaffold – interim Skaffold Scores. Interim Skaffold Scores will ensure you have access to the latest reported financial information for every ASX-listed company, and very soon some of the largest listed stocks globally.
Monday, August 27, 2012
Despite popular belief, there aren’t many companies worthy of buying and putting in your bottom drawer. Businesses are dynamic. Economic environments impact business models, consumer sentiment changes and businesses that fail to adapt can be left behind. Setting aside chronic poor performers, when then should you sell? At Skaffold, we advocate five reasons.
Monday, July 02, 2012
More than 50% of the companies listed on the ASX will report their full-year results next month. You can review your portfolio by checking the cash position of the ones you hold and removing those that don’t display high-quality economics. Skaffold has put together a list of large, well-known companies with unhealthy cash positions. Despite having market caps of at least $2 billion, their generally high debt and poor cash flow contribute to Skaffold Scores of B4, B5, C1, C2, C3, C4 or C5.