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Current Share Price

NZX. ASX.
NZO
$1.28
0+- 
NZO
$1.07
0+- 
Last updated 07 Jan 2009 at 3:21pm

Analyst Coverage

What market observers think of NZOG

Recent Research Reports and analyst contact details are provide here.

McDouall Stuart

October 2008: On 15 October 2008 McDouall Stuart issued an updated Research Report, which values NZOG at NZ$2.43 per share with a buy recommendation. For more information contact John Kidd: john.kidd@mcdouallstuart.co.nz

Credit Suisse

October 2008: First New Zealand Capital for Credit Suisse resumed coverage of NZOG in February 2008. Their latest Research Update dated 20 October 2008 has a outperform rating with a valuation of NZ$1.94 and a target share price of NZ$2.23.  For more information contact Jason Familton: jason.familton@fnzc.co.nz 

Forsyth Barr

December 2008: Forsyth Barr initiated coverage of NZOG in June 2008. An updated report issued on 17 December reflects the fall in international oil prices and values NZOG at NZ$1.73 per share with a buy recommendation. For more information contact Andrew Harvey-Green: andrew.harvey-green@forbar.com

ABN AMRO

October 2008: ABN AMRO Securities NZ Ltd initiated coverage of NZOG in June 2008 with a buy recommendation. An updated Research Note issued on 29 October 2008 values NZOG at NZ$1.94 per share. For more information contact Rob Foster: rob.foster@nz.abnamro.com

Macquarie

September 2008:  Macquarie Capital Securities initiated coverage of NZOG in April 2008 with a buy recommendation. An updated Research Note issued on 01 September values NZOG at NZ$1.97 per share. For more information contact Stephen Hudson: stephen.hudson@macquarie.com

Aspect Huntley

November 2008: Morningstar is providing Aspect Huntley with research coverage of NZOG. On 6 November 2008 they issued an updated Research valuation, which values NZOG at NZ$1.58 per share.  For more information contact Nachhiket Moghe: nachiket.moghe@morningstar.com

Hamilton Hindin Greene

October 2008: Hamilton Hindin Greene resumed coverage of NZOG in June 2008. An updated Research Note issued on 21 October 2008 values NZOG at NZ$2.15 per share. For more information contact Bruce Mathieson: bruce@hhg.co.nz

Coverage Summary

Company  Report Date Valuation (NZ$)  Recommendation 
McDouall Stuart  October 2008  $2.43  Buy
Forsyth Barr  December 2008  $1.73  Buy
Credit Suisse  October 2008  $1.94  Outperform
ABN-AMRO  October 2008  $1.94  Buy
Macquarie  September 2008  $1.97  Outperform
Aspect Huntley  November 2008  $1.58  Accumulate
Hamilton Hindin Greene  October 2008  $2.15  Buy

Please note that any opinions, estimates or forecasts regarding New Zealand Oil & Gas Ltd's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of New Zealand Oil & Gas Ltd or its management. New Zealand Oil& Gas Ltd does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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