At 41.29 per proven barrel and 111 per 1,000 barrels a day production, the price more than doubles recent deals. Clearly this is a strategic move.
More Quotes from Deutsche Bank:
Although Thales politely left the door open to a subsequent deal with EADS, which could bring Thales to its satellite business, we believe this is unlikely.Deutsche Bank
We believe the company's share price is likely to consolidate near present levels as it absorbs its recent aggressive evaluation rating.
Deutsche Bank
After the recent share price weakness we see an attractive entry opportunity now.
Deutsche Bank
Despite these negatives, a strong cash flow has ensured that monies returned to shareholders remain at all time highs.
Deutsche Bank
By first snow we expect extremely low stocks of heating oil and natural gas, with major pressure on refineries that need to (have maintenance). The fact is, some demand destruction is needed to balance this market.
Deutsche Bank
We believe demand could be very strong for oil products as we head into winter, because of high natural gas prices.
Deutsche Bank
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