據5月6日Energy Voice報道,西方石油公司對旗下一家管道子公司的投資進行了14億美元的減記,削減了資本支出,并在油價出現歷史性暴跌后撤回了今年的財測。
總部位于休斯頓的西方石油公司于周二表示,該公司第一季度的虧損包括了對Western Midstream Partners LP股權投資相關的減損支出。這家頁巖氣生產商將2020年的預算削減至24億至26億美元,較最初的計劃減少了50%以上。紐約股市盤后交易中,該股上漲4.4%,至16美元。
在去年以370億美元收購阿納達科石油公司后,西方石油公司的債務負擔翻了兩番。
自油價兩個月前開始暴跌以來,該公司首席執行官霍盧布已大幅削減資本支出、減薪并削減股息。Western Midstream是西方石油公司為降低杠桿率而尋求出售的旗艦資產之一。
然而,霍盧布的策略再次受到打擊,因為將收購的阿納達科資產出售給道達爾公司(Total SA)的計劃受阻——此次出售,以及加納的另一次出售,預計將籌集50億美元左右。
道瓊斯援引消息人士的話報導稱,西方石油公司最近向小型投資銀行Moelis咨詢如何在收入面臨嚴重壓力的情況下減輕債務負擔。據道瓊斯報道,預計該銀行將與一個董事會顧問委員會合作。
西方石油公司第一季度在利率掉期上虧損6.7億美元,在國際油氣資產上虧損5.8億美元。該公司表示,這些虧損部分被原油套期保值帶來的10億美元收益所抵消。
洪偉立 摘譯自 Energy Voice
原文如下:
Occidental Petroleum takes $1.4 billion writedown, cuts budget on oil rout
Occidental Petroleum Corp. took a $1.4 billion writedown related to an investment in a pipeline affiliate, cut capital spending and withdrew its guidance for the year after a historic collapse in oil prices.
Occidental’s first-quarter loss included impairment charges related to its equity investment in Western Midstream Partners LP, the Houston-based company said in a statement Tuesday. The shale producer is reducing its budget for this year to between $2.4 billion and $2.6 billion, a drop of more than 50% from its initial plan. Shares rose 4.4% to $16 in after-market trading in New York, while Western Midstream was little changed.
Occidental is more exposed than most of its rivals to the crash in crude markets after quadrupling its debt load to help finance last year’s $37 billion acquisition of Anadarko Petroleum Corp. Although Chief Executive Officer Vicki Hollub has so far survived an activist intervention by billionaire Carl Icahn, she’s now faced with a mountain of borrowings that start to come due next year.
Hollub has slashed capital spending, cut salaries and reduced dividends since the oil-price plunge began two months ago. Western Midstream is among the crown jewel assets that Occidental has sought to sell to reduce leverage.
Hollub’s strategy took another hit as Algeria opted to block the sale of assets acquired in the Anadarko deal to Total SA. The sale, along with another in Ghana, was expected to raise somewhere in the range of $5 billion.
Occidental recently hired boutique investment bank Moelis & Co. to help examine ways to reduce its debt load, Dow Jones reported, citing unnamed sources. The bank is expected to work with an advisory committee of the board of directors, Dow Jones reported.
Occidental had a $670 million first-quarter loss on interest rate swaps and $580 million in charges related to international oil and gas properties. The company said the charges were partially offset by $1 billion of gains on crude oil hedges.
相關資訊