We know it’s not very woke, but we still like oil and gas
Marc Kennis, September 29, 2021
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).
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!
No credit card needed and the trial expires automatically.
Blog Categories
Get Our Top 5 ASX Stocks for FY26
Recent Posts
Paladin Energy (ASX:PDN) Jumps 10% as Revenue Surges Past A$177M
Paladin Energy (ASX: PDN) Surges as Uranium Producer Era Begins Paladin Energy (ASX: PDN) gave investors reason to cheer as…
Metal Powder Works (ASX: MPW) Falls 14% — Growing Pains or a Setup for Long-Term Gains?
Metal Powder Works Plunges 14% as Growth Story Faces Reality Check Metal Powder Works (ASX: MPW) took a sharp fall…
Blinklab (ASX:BB1): Is this exciting company the next ResApp?
Blinklab (ASX:BB1) is the answer to the question of how you could help children with autism – a response that…