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Book Value ps $ +26.0%

FINANCIAL BRIEF: For the six months ended 30 September 2012, Essar Energy PLC revenues increased 97% to $12.85B. Net loss totaled $180.2M vs. income of $175.9M. Revenues reflect Refining & Marketing segment increase from $6.18B to $12.67B, Power segment increase of 18% to $174.4M. Net loss reflects Interest Expense increase of 90% to $547.2M (expense), Foreign exchange gains/(losses) increase from $38.5M to $134M (expense). more »

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BROKER FORECASTS
31st Mar 2013
31st Mar 2014

Price Target: $2.77 (+22.91% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +64.7% ($) ($) ($) ($) ($) ($)
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8 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Essar Energy
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 5 2 1

Named Brokers and Analysts
Credit Suisse , BNP Paribas Securities (Asia) , Nomura Securities Matt Lofting , Arden Partners Adam Forsyth , Charles Stanley , and 1 unnamed other

Essar Energy plc is an integrated energy company. The company’s portfolio includes operations and projects in the areas of refining and marketing, exploration and production and power generation and transmission. Its refining and marketing business consists of Vadinar refinery and Stanlow refinery. It serves retail customers in India through a network of 1,600 operational and under construction retail fuel outlets. Its exploration and production business has approximately 2.1 billion barrels of oil equivalent of reserves and resources, spread across a portfolio of 15 offshore and onshore oil and gas blocks. Its focus in exploration and production is on Coal Bed Methane. It has 2,733 square kilometers of acreage and more than 10 trillion cubic feet of reserves and resources across five blocks in India. It produces power from six operational power plants in India and one in Algoma, Canada. As of September 30, 2012, it had a total installed generation capacity of 3,055 megawatts.

Directors: Naresh Nayyar (CEO) 60, Deepak Maheshwari (CFO) 43, Lalit Gupta (Corp. Exec.) 52, Iftikhar Nasir (Corp. Exec.) , P. Sampath (Corp. Exec.) , Volker Schultz (Corp. Exec.) , Mark Lidiard (Dir.-IR) 46, K. V. B. Reddy (Other) ,

No. of Employees: 3,699 No. of Shareholders: 1,256


Last Annual March 31st, 2012
Last Interim September 30th, 2012
Shares in Issue 1,303,437,493
Free Float 302.4m (23.2%)
Sector Energy
Industry Oil & Gas
Index FTSE Euromid, FTSE 350 Act , FTSE Lower Yield , FTSE 250 Mid , FT350 Oil&gas Pd ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

ESSR SHARE PRICE PERFORMANCE ESSR QUOTE
ESSR Share Price GBp
149.7p
Day's Change
0.7  0.5%
Traded 9:38am · Minimum 15 min delayed

LATEST ESSR NEWS ANNOUNCEMENTS (delayed)

UPCOMING ESSR EVENTS
Monday 24th June, 2013
Preliminary 2012 Essar Energy PLC Earnings Release
Monday 5th August, 2013
Essar Energy PLC Interim Management Statement For Period Ending 30 June 2013
Friday 30th August, 2013
Essar Energy PLC Annual General Meeting
Monday 25th November, 2013
Interim 2013 Essar Energy PLC Earnings Release

Recent ↓
Monday 15th April, 2013
Essar Energy PLC at Bank of America Merrill Lynch Oil & Gas 1-1 Investor Forum
Monday 11th February, 2013
Essar Energy PLC Interim Management Statement for period ending 31 December 2012 Conference Call
Monday 11th February, 2013
Essar Energy PLC Interim Management Statement For Period Ending 31 December 2012
Tuesday 15th January, 2013
Q3 2012 Essar Energy PLC Earnings Release
Monday 26th November, 2012
Interim 2012 Essar Energy PLC Earnings Presentation
Monday 26th November, 2012
Interim 2012 Essar Energy PLC Earnings Release
Wednesday 31st October, 2012
Essar Energy PLCSite Visit
Tuesday 4th September, 2012
Essar Energy PLC Annual General Meeting
Tuesday 14th August, 2012
Essar Energy PLC Interim Management Statement for Period Ending 30 June 2012 Conference Call
Tuesday 14th August, 2012
Essar Energy PLC Interim Management Statement for Period Ending 30 June 2012


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