Analyst consensus

The consensus data below is compiled and updated by Petrofac. It represents a summary of publicly available forecasts made by sell side investment analysts, who provide their own research analyses and earnings estimates in respect of the Company.

US$ millions

2016

2017(4)

Low

Mean

High

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Low

Mean

High

#forecasts

Revenue

7,085

7,759

8,336

20

6,506

7,515

7,980

20

EBITDA before Laggan-Tormore losses(2)

618

782

882

20

N/A

N/A 

N/A 

N/A 

EBITDA(1)

517

681

781

20

569

793

985

20

Net profit before Laggan-Tormore losses(2)

391

413

444

20

 N/A

N/A 

N/A 

N/A 

Net profit (1)(3)

290

312

343

20

250

389

459

20

 

Last updated 17 February 2017 and excludes analyst forecasts not updated or re-confirmed since the trading update on 15 December 2016. It is intended to update the consensus at least once per quarter. 

 

(1) Before exceptional items and certain re-measurements.

(2) 2016 forecasts adjusted to add back the final charge on the Laggan-Tormore project of US$101 million (as previously announced).

(3) Net profit attributable to Petrofac Limited shareholders.

(4) 2017 forecasts assume an average Brent oil price of US$58.

 

Disclaimer: These forecasts are the responsibility, and constitute the judgement, of each individual contributing analyst. Any opinions, forecasts, estimates, projections or predictions regarding Petrofac’s performance made by the analysts (and therefore the consensus estimate forecasts) are theirs alone and do not represent the opinions, forecasts, estimates, projections or predictions of Petrofac or its management. By providing these estimates, Petrofac does not imply its endorsement of or concurrence with such information, conclusions or recommendations. No representation or warranty, express or implied is made or responsibility accepted for the accuracy or completeness of the forecasts used in this analysis and neither Petrofac, nor any of its officers or employees shall accept any liability whatsoever for reliance upon, or actions taken based on, any of the information in them. Although Petrofac intends to update the analysis at least once per quarter, it assumes no obligation to update or revise such information.