Illegal Activity
none
Blackmail
none
Date
2015-05-31
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is an investment report from Deutsche Bank Securities Inc. upgrading OXY to Buy and downgrading HES to Hold, based on their financial performance and future prospects.
Metadata
- Subject
- US Integrated Oils: Upgrading OXY to Buy from Hold, Downgrading HES to Hold from Buy
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0058883
- Date
- 2015-05-31
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| OXY | Analysis | Deutsche Bank Securities Inc. | Deutsche Bank Securities Inc. upgrades OXY to Buy from Hold. |
| HES | Analysis | Deutsche Bank Securities Inc. | Deutsche Bank Securities Inc. downgrades HES to Hold from Buy. |
Notable Quotes 2
OXY: We upgrade OXY to Buy (from Hold) on its advantaged combination of growth and free cash flow in a moderate oil price environment.
We downgrade HES to Hold (from Buy) primarily on account of the company's notable outspend (second to worst in the group based on 4Q15 annualized figures).
Financial Information
Amounts:65/bbl WTI1.8% post-dividend in 20165.8% pre-dividend2.4% FCF deficit in 2016-$1.0-$1.5 Bri/yr-$1.0 Bn/yr3.9%6.7x 2017 EV/DACF6.4x adjusted for Midstream/Chemicals segments5.6x 2017 EV/DACF6.4x
Transactions:
- share buyback
Public Knowledge
- Context
- Investment recommendations are often of interest to the media.
- Media Worthy
- Yes
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 4
Integrated OilDeutsche Bank Securities Inc.OXYHES
Locations 3
USMiddle EastNorth Malay Basin
Text Analysis
- Tone
- Professional
- Purpose
- To provide investment recommendations on OXY and HES stocks.
- Significance
- This document provides insights into the financial performance and future prospects of OXY and HES, influencing investment decisions.
File Info
- File Name
- EFTA01367350.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:20.548588
- DOJ Source
- View on DOJ