Currently you could easily argue that there is a longer term investment case for numerous oil and gas producers, based on the assumption that commodity prices will improve over the next few years, and could even spike in the same way that we’ve seen in the past after prolonged periods of low demand.
There is a lot of focus on oil companies of all sizes at the moment, with many investors speculating on their future recovery now that commodity prices have improved, but I would probably be more focussed on those which largely produce gas.
Hello Share Peekers. I’ve always regretted my very long-term holding in JKX Oil & Gas (JKX), the middle range producer. That’s because the share value has eroded sharply over the years. However, things now seem to be picking up...
I always find it surprising that private investors are prepared to take big risks on the drilling of oil and gas wells, yet they won’t touch certain shares due to geo political risks.
Hello, Share Peckers. A company which has caused me anxiety and loss in the past seems to be on the up. And as I’m not one to hold a grudge, I won't be selling my shares any time soon. In fact, I think the future could be quite rosy from herein - which is nice because I need to claw back a setback which once nudged 80%...
Often at the lower end of the oil and gas sector private investors get fixated with taking gambles on drills with large prospective resources and dream of untold riches if the company gets lucky with the drill bit, but the reality is that in the majority of cases this will result in a duster and substantial losses.
Hello, Share Baggers. It’s a long time, if ever, since I brought up one of the most annoying stocks in my portfolio. That’s JKX Oil & Gas (JKX). And at long last, I see a glimmer of hope. I advised my wife to buy this company for her ISA yonks ago.
Hello, Share Crimpers. My wife’s self-trading ISA account, which I monitor and occasionally advise upon, has done better than my own. Which is a jolly good job because one of my choices on her behalf was JKX (JKX), the oil company. This was a long time ago and since then the share price has gradually fallen. But…
There will be few who disagree that shares of JKX Oil & Gas give the impression of being something of a blast from the past, given how much private investor interest there was in the situation until even only a short while ago.
Although it may be the case that aggressive bulls of JKX Oil and Gas feel that near current levels the shares are starting to look attractive, from a bargain-hunting perspective, at least on the basis of classical technical/charting methods, it would appear that there is still too much here as far as downside momentum to suggest a bottom fish.
Search ShareProphets |
Recent Comments |