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Oil Search Ltd

OSH.AX

Latest Trade

3.74AUD

Change

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Today's Range

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52 Week Range

1.81

 - 

7.91

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
3.74
Open
--
Volume
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3M AVG Volume
206.59
Today's High
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Today's Low
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52 Week High
7.91
52 Week Low
1.81
Shares Out (MIL)
2,077.85
Market Cap (MIL)
7,688.05
Forward P/E
657.71
Dividend (Yield %)
1.79

Next Event

Full Year 2020 Oil Search Ltd Earnings Release

Latest Developments

More

Oil Search Says Ayten Saridas To Resign As CFO Designate

Oil Search Sees Higher Operating Expenditure And Lower Production In 2021

Oil Search Intends To Sell 15% Interest In Pikka Project, Other Alaska Assets

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About Oil Search Ltd

Oil Search Limited is an oil and gas exploration and production company. The Company is engaged in the exploration for oil and gas fields and the development and production of such fields. The Company's segments include PNG Business Unit (PNG BU), Exploration and Other. The PNG BU segment is engaged in the development, production and sale of liquefied natural gas (LNG), crude oil, natural gas, condensate, naphtha, other refined products and electricity from the Company's interest in its operated assets for Papua New Guinea crude oil and Hides gas-to-electricity operations and from the Company's interest in the PNG LNG Project. The Exploration segment is engaged in the exploration and evaluation of crude oil and gas in Papua New Guinea. The Other segment includes the Company's ownership of drilling rigs, investment and development towards the Company's power strategy and corporate activities. The PNG LNG Project is a 6.9-million tons per annum (MTPA) integrated LNG project.

Industry

Oil & Gas Operations

Contact Info

PO Box 842

121

Papua New Guinea

+675.3.225599

http://www.oilsearch.com

Executive Leadership

Richard John Lee

Independent Non-Executive Chairman of the Board

Keiran John Wulff

Managing Director, Executive Director

Stephen W. Gardiner

Chief Financial Officer

Michael Drew

Executive Vice President - Corporate, General Counsel, Group Secretary

Ian Munro

Executive Vice President - Portfolio Management, Gas and Marketing

Key Stats

2.71 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

1.4K

2018

1.5K

2019

1.6K

2020(E)

1.1K
EPS (USD)

2017

0.193

2018

0.217

2019

0.199

2020(E)

0.012
Price To Earnings (TTM)
--
Price To Sales (TTM)
3.95
Price To Book (MRQ)
1.01
Price To Cash Flow (TTM)
18.55
Total Debt To Equity (MRQ)
63.35
LT Debt To Equity (MRQ)
49.65
Return on Investment (TTM)
-1.10
Return on Equity (TTM)
-0.99

Latest News

Latest News

Oil Search sees Total's Papua LNG advancing ahead of Exxon's P'nyang

Oil Search Ltd <OSH.AX> said on Thursday its stalled plan to expand gas output in Papua New Guinea would now focus on the Papua LNG project, led by Total SA <TOTF.PA>, in a change of tack following political ructions in Papua New Guinea.

Oil Search third quarter revenue nearly halves on coronavirus hit to LNG prices

Australia-listed Oil Search Ltd posted on Tuesday a 47.7% slump in third-quarter revenue, missing analysts' estimates, as the coronavirus outbreak kept crude prices subdued and hurt prices of its key liquefied natural gas (LNG) product.

UPDATE 2-Oil Search slashes costs to position itself for growth from 2025

* New LNG demand window seen opening in 2027 (Recasts with CEO comments)

Oil Search quarterly revenue drops 30% on weak prices, production on track

Australia-listed Oil Search Ltd on Tuesday reported a 30% drop in second-quarter revenue on plunging oil prices, just below estimates, and said it was on track to meet its 2020 production guidance.

Oil Search to write off some PNG exploration assets, power project

Oil Search Ltd <OSH.AX> said on Monday it plans to write off around $380 million, mostly on some exploration assets and a gas-to-power project in Papua New Guinea, due to the outlook for oil and gas prices and the shut down of a gold mine.

Oil Search to record $360 mln-$400 mln impairment charge in half-year results

Oil Search Ltd said on Monday it expects to record an impairment charge in its half-year results to reflect a drop in the value of some assets due to the possible long-term impact of current economic conditions and weak oil and gas outlook.

Oil Search slashes a third of jobs, pledges more senior roles for PNG nationals, women

Papua New Guinea-focused oil and gas firm Oil Search said on Wednesday it has axed a third of its workforce amid slumping demand, in a shake-up that also aims to reserve more senior positions for Papua New Guinea (PNG) citizens and women.

Australia's Oil Search slashes 34% workforce

Australia's Oil Search on Wednesday said it has reduced its total workforce by around 34% under its cost restructuring review to cushion the blow from subdued oil prices as a result of the coronavirus pandemic.

BRIEF-Oil Search Says Shares On PNG's Stock Exchange Suspended From June 2

* SECURITIES COMMISSION OF PAPUA NEW GUINEA ISSUED ORDERS THAT TRADING OF CO'S SHARES ON PNG'S STOCK EXCHANGE BE SUSPENDED FROM 2 JUNE

Oil Search considers cutting Papua New Guinea oil output from July

Oil Search is considering cutting its oil production in Papua New Guinea from July due to weak global oil prices, Managing Director Keiran Wulff said on Tuesday.

UPDATE 1-Oil Search targets lower production costs, revenue beats estimate

Oil Search on Tuesday posted a near 10% drop in first-quarter revenue but sharply beat estimates, and said it was aiming to lower production costs in a bid to weather an oil price crash.

BRIEF-Oil Search Posts Qtrly Revenue Of US$359.4 Mln

* QTRLY TOTAL PRODUCTION 7.37 MMBOE VERSUS 7.25 MMBOE REPORTED LAST YEAR

Oil Search Q1 revenue slips nearly 10% on global oil price slump

Oil Search on Tuesday posted a near 10% drop in first-quarter revenue, as an oil price war and measures to slow the coronavirus pandemic pummelled demand and dragged down prices for the commodity.

CORRECTED-UPDATE 1-Oil Search to raise up to $706 mln, cut costs to tackle low prices

Oil Search Ltd said on Tuesday it will raise up to A$1.16 billion ($706 million) through a discounted share sale and cut costs as it looks to weather a prolonged period of weak oil prices.

BRIEF-Oil Search Says To Raise A Total Of Up To About US$700 Million

* EQUITY RAISING WILL BE CONDUCTED AT AN OFFER PRICE OF A$2.10 PER SHARE

Oil Search to raise $666 million in share sale -sources

Oil Search Ltd plans to raise A$1.1 billion ($666 million) through a share sale to weather weak oil prices through 2021, two people who have been approached about the capital raising said on Monday.

BRIEF-Oil Search To Suspend Discretionary Activities

* NOTES PAPUA NEW GUINEA'S IMPLEMENTATION OF A SERIES OF MEASURES IN RESPONSE TO CORONAVIRUS

UPDATE 1-Australia's Santos cuts spending, defers Barossa decision as oil crashes

Oil and gas producer Santos Ltd said on Monday it will slash capital spending in 2020 and defer an investment decision on Barossa as oil prices plunge and the coronavirus outbreak dents business sentiment.

BRIEF-Oil Search Says Undertaken A Comprehensive Review Of Planned Activities In 2020

* UNDERTAKEN A COMPREHENSIVE REVIEW OF ITS PLANNED ACTIVITIES IN 2020

Oil Search slashes spending to cope with oil price crash

Oil Search Ltd has frozen all activity in Papua New Guinea other than maintaining current production and has put on hold early development work on its Alaskan oil project to cope with crashing oil prices.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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