Refineries
Refineries
from 139 today
We reiterate BUY on OMCs as they offer the strongest earnings recovery within our coverage once Hormuz reopens, with very attractive valuations at 3.6x-3.8x 1HFY29E EV/EBITDA.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
