据管道&天然气杂志网2月23日休斯敦报道,尽管石油和天然气价格上涨,西方石油公司(Occidental Petroleum Corp)公布去年第四季度亏损大于预期,由于资产出售压低了业绩。
该公司预计第一季度化工产品利润为2.25亿美元,管道和营销亏损预计将扩大至1.35亿美元至1.85亿美元。
西方石油公司预测,今年油气日产量将与去年第四季度持平,约为114万桶。该公司预计其OxyChem化工部门的税前利润将在7.75亿-8.25亿美元之间,抵消其管道和营销业务的税前亏损6.5亿-7.5亿美元。
在新冠疫情打击全球能源需求后,这家美国生产商削减了工作岗位和产量,迫使一家在2019年背负债务的能源公司收购一家石油竞争对手。该公司去年第四季度的亏损扩大至7.31亿美元,上年同期为亏损2.69亿美元。
该公司股票在盘后交易中下跌了4%,但后来弥补了损失,下跌了2%,至25.85美元。
根据Refinitiv的IBES数据显示,调整后的每股亏损为78美分,高于分析师预期的每股亏损59美分。 去年同期,该公司每股亏损30美分。
该公司首席执行官Vicki Hollub表示,我们仍致力于加强我们的资产负债表,并通过实现2020年剥离目标、减少债务并成功延长债务期限,以更好的财务状况过渡到2021年。
西方石油公司公布净亏损13亿美元,合每股1.41美元,与2019年第四季度亏损13亿美元,合每股1.50美元持平。最新的亏损包括了西德克萨斯石油资产销售的税前费用8.2亿美元。
受益于油价反弹,该公司去年第四季度的原油收入较去年第三季度增加了5%,即每桶40.77美元。该公司最后一个季度的天然气收入也比第三季度高出31%。
西方石油公司预测,本季度的石油和天然气产量将减少4%左右,主要是由于德克萨斯州最近冬季风暴造成的产量损失。由于电力中断和冻结的管线减少了产量,页岩气公司关闭了一些油井。
西方石油重申,今年的资本支出计划约为29亿美元。
该公司计划今年将出售价值20亿-30亿美元的所有权,所得将用于偿还约336亿美元的债务。
郝芬 译自 管道&天然气杂志网
原文如下:
Occidental Petroleum Posts Larger Quarterly Loss on Asset Sale
Occidental Petroleum Corp posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results.
It projected a $225 million first-quarter profit from chemicals and forecast pipeline and marketing losses would widen to a range of between $135 million and $185 million.
For the year, Occidental forecast oil and gas output would be flat compared with the fourth quarter at about 1.14 million barrels per day. It expects pretax earnings from its OxyChem chemicals unit to show a profit of between $775 million and $825 million offset by a pretax loss in its pipeline and marketing business of between $650 million and $750 million.
The U.S. producer has slashed jobs and output after the coronavirus pandemic hammered global energy demand, pressuring an energy company that had loaded up on debt in 2019 to acquire an oil rival. Its fourth-quarter loss widened to $731 million compared with a $269 million loss in the same quarter a year ago.
Shares fell as much as 4% in after-hours trading but later pared losses to trade down 2% at $25.85.
The adjusted per-share loss of 78 cents was higher than analyst expectations for a 59-cent loss, according to IBES data on Refinitiv. For the same quarter last year, the company reported a per-share loss of 30 cents.
“We remain committed to strengthening our balance sheet and transitioned into 2021 with an improved financial position by achieving our 2020 divestiture target, reducing debt and successfully extending debt maturities,” said Chief Executive Vicki Hollub.
Occidental reported a net loss of $1.3 billion, or $1.41 per share, flat with the $1.3 billion, or $1.50 per share, loss in the fourth quarter of 2019. The latest loss included a pretax charge of $820 million from the sale of oil properties in West Texas.
The company collected 5% more, or $40.77 per barrel, for its oil in the fourth quarter from the third, benefiting from a rebound in oil prices. It also collected 31% more for its natural gas during the final quarter compared with the third.
Occidental forecast the current quarter's oil and gas production would shrink about 4%, mostly due to output losses during the recent winter storm in Texas. Shale firms shut some wells as electric power outages and frozen lines curtailed production.
Occidental reiterated capital spending plans of around $2.9 billion this year.
It plans to sell between $2 billion and $3 billion in properties this year, the proceeds of which would go to pay down its debt of about $33.6 billion.