We know it’s not very woke, but we still like oil and gas

Marc Kennis Marc Kennis, April 6, 2022

Stuart Roberts from Stocks Down Under says he isn’t popular at cocktail parties, being a fan of oil. He sees oil easily heading back above $100 a barrel as “that huge sucking sound” is the world demanding oil just as supply is hampered. He says gas projects of all stripes are looking attractive right now – so much for gas being a brief “transitory” fuel as the world transitions to renewables.

Stuart thinks Beach Energy (ASX:BPT) is in particularly good shape, while BHP offloading oil and gas was bad timing but good for Woodside (ASX:WPT). Stuart brings to our attention a little known gas player that has a big backer in Santos (ASX:STO).

 

Ausbiz 29 09 21

 

Want to stay up-to-date on ASX-listed stocks like Santos, Beach Energy, Woodside and small caps like Comet Ridge?

Make sure you subscribe to Stocks Down Under today!

 

GET A 30-DAY FREE TRIAL

 

No credit card needed and the trial expires automatically.

 

Recent Posts

RPM Automotive

RPM Automotive’s (ASX: RPM) tyre industry roll-up is on a roll

RPM Automotive Group (ASX: RPM) provides automotive aftermarket services in Australia. It sells tyres, motorsport apparel and safety equipment. It…

Dropsuite

Cybersecurity play Dropsuite (ASX: DSE) to benefit from rise in corporate hacks

Dropsuite (ASX: DSE) provides cloud-based backup services in Australia, North America and internationally. The company’s suite of products enables businesses…

Duratec

Duratec’s (ASX: DUR) share price is on a solid uptrend into 2023

Duratec (ASX: DUR) provides assessment, protection, remediation and refurbishment services to a range of assets across defence, mining, industrial and…