油价前景疲弱 图洛损失将高达17亿美元

据路透社7月29日报道，图洛石油周三表示，将在上半年财报中计入14-17亿美元的税前减损，因为该公司规模较大的竞争对手们下调了油价预期。

周二收盘后，图洛的市值约为5.08亿美元，净负债30亿美元，未动用的流动资产和自由现金约为5亿美元。

今年，该公司计划在投资和项目退役方面投入约3.65亿美元，并在一份交易声明中补充称，以当前价格计算，预计其2020年现金流将实现盈亏平衡。

图洛石油以每桶57美元的底价对冲了2020年60%的销售额，以每桶51美元的底价对冲了2021年44%的销售额。由于近期油价预期下调，且公司将长期油价预期从65美元/桶修正至60美元/桶，预计上半年的实质性减值和勘探注销额将在14-17亿美元（税前）之间。

一位发言人补充道，投资组合的各个方面都出现了亏损。为了从撤资中筹集至少10亿美元的资金，图洛在4月份同意以5.75亿美元的价格出售其在乌干达陆上油田的股份。不过，该协议仍需与乌干达当局达成税收协议。

在肯尼亚，道达尔和图洛都在寻求减持股份，但在5月份道达尔称冠状病毒导致不可抗力后，最终投资决定再次被推迟。

本月接任首席执行官的拉胡尔迪尔(Rahul Dhir)表示，下半年的重点是在西非的生产，以及减少债务和成本。

王佳晶 摘译自 路透社

原文如下：

UPDATE 1-Tullow Oil sees impairment of up to $1.7 bln on lower price outlook

Tullow Oil said on Wednesday it was set to book $1.4-1.7 billion in impairments before tax in its half-year results, as it follows larger rivals in lowering its oil price forecasts.

Tullow, which had a market capitalisation of around $508 million after markets closed on Tuesday, had $3 billion in net debt and untapped liquidity and free cash of around $500 million.

It plans to spend around $365 million on investments and decomissioning this year. Tullow added in a trading statement its 2020 cash flow was forecast to break even at current prices.

It has hedged 60% of its sales this year at a floor price of $57 a barrel and 44% of next year’s at a floor of $51 a barrel.

“As a result of lower near-term oil price forecasts, and a revision in the Group’s long-term oil price assumption from $65/bbl to $60/bbl, the Group expects material impairment and exploration write-offs to be recorded at the half-year in the range of $1.4-1.7 billion (pre-tax),” Tullow said.

The impairments are across the portfolio, a spokesman added.

In a quest to raise at least $1 billion from divestments, Tullow agreed in April to sell its stake in Ugandan onshore fields to Total for $575 million.

The deal remains subject to agreeing a tax arrangement with the Ugandan authorities.

In Kenya, where both Total and Tullow are seeking to reduce their stakes, a final investment decision has been delayed once more after it called force majeure in May due to the coronavirus.

Rahul Dhir, who took over as chief executive this month, said that the focus in the second half is on its West African production, and on reducing debt and costs.