WHAT’S THE OUTLOOK FOR BG GROUP AFTER THESE RESULTS?
RONNIE CHOPRA FALCON SECURITIES
“All the large integrated oil companies are struggling with production growth, and new discoveries are struggling to replace the existing assets. BG has a first-class portfolio of assets across the globe which would make an attractive fit for a predator. BG has outstanding growth prospects.”
HENK POTTS BARCLAYS WEALTH
“Despite the headline figures and good prospects from Brazil, the performance in exploration and production was disappointing and is likely to put short-term pressure on the shares. There was also limited further guidance provided on exploration and production volumes or liquefied natural gas.”
MALCOLM GRAHAM-WOOD HANSONWESTHOUSE
“Although I’m disappointed that BG has slipped in its formerly excellent handling of market relationships, we are not going to join the short-term nature of the criticism and still totally believe in the long-term prospects of the truly exceptional growth that BG offers. The Brazil discovery is a curate’s egg.”