HALISTER: Total 2015 Adj. Net $10.5b vs Est. $9.9b; 4Q Div. EU0.61/Share

Total 2015 Adj. Net $10.5b vs Est. $9.9b; 4Q Div. EU0.61/Share

(Bloomberg) -- Div. Bloomberg forecast EU0.61/share.
  • 2015 production 2.347mboe/d vs est. 2.343mboe/d
  • To cut organic capex by ~$16b in 2016; to reduce European refining capacity by 20% by end-2016
  • Call 2:30pm U.K., +1 212 444 0896, pw:3406579
  • NOTE: Co.’s 4Q European refining margin indicator $38.1/t; see Bloomberg Industries take on 4Q downstream
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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