"Юникредит Секьюритиз": Alliance Oil: 2Q11 preview // ПОКУПАТЬ
19 августа 2011 года
Alliance Oil is to report its 2Q11 results on 19 August 2011. We anticipate a visible qoq decline in financial performance due to lowerrealized netbacks in the company’s’ downstream business. At the same time, we believe the company’s upcoming conference call and the pending launch of the Kolvinskoye field in September should comfort those investors who are unlikely to be impressed by the 2Q11 performance. We reiterate our Buy recommendation and 12M TP of $25,3 pending publication of the results.
