Summary of Global Oil and Gas Valuation Report Industry Overview - The report focuses on the **Global Oil and Gas** industry, providing insights into major companies and their valuations as of **30 July 2025** [1][2]. Key Companies Mentioned - **India**: Bharat Petroleum, Hindustan Petroleum, Indian Oil, ONGC, Reliance Industries - **Europe**: BP, BW LPG, Ceres Power, ENI, Fuchs Petrolub, Galp, Industrie De Nora, ITM Power, MOL, Motor Oil - **North America**: Aemetis, Antero Resources, APA Corp, Chevron, ExxonMobil, Halliburton, Suncor Energy, and many others - **China**: CNOOC, Petrochina, Sinopec - **Saudi Arabia**: Saudi Aramco - **UAE**: Adnoc Dist, Adnoc Drilling [2]. Core Insights and Arguments - **Valuation Metrics**: The report includes various valuation metrics such as **EV/DACF**, **FCF Yield**, and **P/E Ratios** for major oil companies, indicating their financial health and market performance [8]. - **Performance Ratings**: Companies are rated with recommendations such as **Buy**, **Neutral**, or **Sell** based on their expected performance. For example, **Chevron** and **ExxonMobil** are rated as **Buy** with target prices indicating potential upside [8]. - **Market Trends**: The report highlights trends in the oil and gas sector, including production growth rates and expected changes in earnings per share (EPS) for the years 2025-2027 [8]. Financial Highlights - **BP**: Current price at **405.7 GBp**, target price **375 GBp**, with a rating of **Neutral** and a projected **CAGR** of **8%** for 2025-2027 [8]. - **Chevron**: Current price **157.03 USD**, target price **177 USD**, rated **Buy** with a **CAGR** of **9%** [8]. - **ExxonMobil**: Current price **112.88 USD**, target price **130 USD**, rated **Buy** with a **CAGR** of **8%** [8]. - **Shell**: Current price **2,697 GBp**, target price **2,950 GBp**, rated **Buy** [8]. - **TotalEnergies**: Current price **52.53 USD**, target price **57.0 USD**, rated **Buy** [8]. Additional Important Information - **Analyst Conflicts**: The report discloses potential conflicts of interest as UBS may have business relationships with the companies covered, which could affect objectivity [4]. - **Macro Assumptions**: The report includes macroeconomic assumptions that influence the oil and gas market, such as global demand and supply dynamics, geopolitical factors, and regulatory changes [5]. - **Definitions and Metrics**: Key financial metrics and definitions are provided to ensure clarity in the analysis, such as **EBITDAX** and **Gearing** ratios [7]. This comprehensive overview provides a detailed understanding of the current state and future outlook of the global oil and gas industry, highlighting key players, financial metrics, and market trends.

Core Viewpoint - Analysts expect BP to report quarterly earnings of $0.68 per share, reflecting a year-over-year decline of 32%, while revenues are projected to be $60.67 billion, an increase of 25.7% from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding BP's stock [2] - The consensus EPS estimate for the quarter has been revised upward by 8.9% over the past 30 days, indicating a collective reassessment by analysts [1] Revenue Projections - Total revenues and other income from sales and other operating revenues are expected to reach $47.01 billion, showing a year-over-year change of -0.6% [4] - External sales and other operating revenues from oil production and operations are projected at $597.06 million, indicating a significant year-over-year decline of 91% [4] - External sales and other operating revenues from customers and products are estimated at $39.79 billion, reflecting a year-over-year change of -3.2% [5] - Other businesses and corporate revenues are expected to be $110.85 million, down 78.9% from the prior year [5] Production Estimates - Analysts predict total hydrocarbons production (net of royalties) to be 1,490.32 thousand barrels of oil equivalent per day, slightly up from 1,481.00 thousand barrels per day in the same quarter last year [6] - Natural gas production (net of royalties) is expected to reach 2,253 thousand cubic feet per day, down from 2,292 thousand cubic feet per day year-over-year [7] - Liquids production (net of royalties) is projected at 1,105.18 thousand barrels per day, compared to 1,085.00 thousand barrels per day in the previous year [8] Refinery Throughput - Total refinery throughput is estimated at 1,293.25 thousand barrels of oil per day, down from 1,392.00 thousand barrels per day year-over-year [8] - US refinery throughput is expected to be 560.55 thousand barrels per day, compared to 670.00 thousand barrels per day last year [9] - European refinery throughput is projected at 730.45 thousand barrels per day, slightly up from 722.00 thousand barrels per day year-over-year [11] Price Realizations - Average realizations for liquids are forecasted to be $60 per barrel, down from $73 per barrel in the previous year [9] Market Performance - BP shares have returned +2.7% over the past month, outperforming the Zacks S&P 500 composite's +0.6% change, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [11]

British oil and gas giant BP on Monday announced that it has made its biggest oil and gas discovery in more than two decades thanks to a drilling operation off the coast of Brazil. https://t.co/16P6SMnHjG ...

BP says it made its biggest discovery in 25 years in deep waters off Brazil, a boon for the UK oil major https://t.co/g4JRwlhHnK ...

智通财经8月4日电，英国石油表示，预计到2030年全球上游石油日产量将达到230万-250万桶油当量。 ...

Core Insights - The company is under pressure from activist investor Elliott to report on cost-cutting measures [1] Group 1 - The company will respond to increased pressure from Elliott regarding cost reductions [1]

阿塞拜疆国家石油公司副总裁：阿塞拜疆将通过英国石油公司主导的"沙赫德尼兹"气田每年向叙利亚出 口12亿立方米天然气。 ...

智通财经8月2日电，阿塞拜疆国家石油公司副总裁称，阿塞拜疆将通过英国石油公司主导的"沙赫德尼 兹"气田每年向叙利亚出口12亿立方米天然气。 ...

Core Insights - BP is expected to report quarterly earnings of $0.68 per share, a decline of 32% year-over-year, with revenues forecasted at $60.67 billion, reflecting a 25.7% increase year-over-year [1] - Analysts have revised their consensus EPS estimate upward by 8.9% over the past 30 days, indicating a reappraisal of BP's performance [1] Revenue Estimates - Total revenues and other income from sales and other operating revenues are projected to reach $47.01 billion, showing a year-over-year decline of 0.6% [4] - External sales and other operating revenues from oil production and operations are expected to be $597.06 million, indicating a significant year-over-year decline of 91% [4] - External sales and other operating revenues from customers and products are estimated at $39.79 billion, reflecting a year-over-year change of -3.2% [5] - Total revenues and other income from interest and other income are anticipated to be $410.55 million, with a year-over-year change of -0.8% [5] Production Estimates - Production (net of royalties) for total hydrocarbons is forecasted at 1,490.32 thousand barrels of oil equivalent per day, slightly up from 1,481.00 thousand barrels per day a year ago [6] - Natural gas production (net of royalties) is estimated at 2,253 thousand cubic feet per day, down from 2,292 thousand cubic feet per day year-over-year [7] - Liquids production (net of royalties) is projected at 1,105.18 thousand barrels of oil per day, compared to 1,085.00 thousand barrels per day in the same quarter last year [8] Refinery Throughput Estimates - Total refinery throughput is expected to be 1,293.25 thousand barrels of oil per day, down from 1,392.00 thousand barrels per day in the same quarter last year [9] - US refinery throughput is projected at 560.55 thousand barrels of oil per day, compared to 670.00 thousand barrels per day a year ago [11] - European refinery throughput is estimated to reach 730.45 thousand barrels of oil per day, slightly up from 722.00 thousand barrels per day in the same quarter last year [11] Price Realizations - Average realizations for liquids are expected to be $60 per barrel, down from $73 per barrel year-over-year [10] Market Performance - BP shares have increased by 3% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2.7% [12]

Key Takeaways BP plc (BP) is set to report second-quarter 2025 results on Aug. 5. In the last reported quarter, its adjusted earnings of 53 cents per share missed the Zacks Consensus Estimate of 56 cents, primarily attributed to lower liquid price realizations and weaker refining margins. Lower contributions from the company's customers and products business also affected the results. Earnings missed the Zacks Consensus Estimate in two of the trailing four quarters and beat twice, delivering an average nega ...