Keyword results: doom and gloom

Bearcast

Tom Winnifrith Bearcast 31 January - Is it time to buy oil shares aggressively?

The weekend press is full of stories of doom and gloom and dividend cuts for BP (BP.) and Shell and clearly there are a stack of smaller companies that are totally screwed and where shareholders are likely to face total wipeout. In that vein I discuss Magnolia (MAGP), Igas (IGAS), Gulf Keystone (GKP), XCite (XEL) and, of course, LGO Energy (TOAST).  But is there a case for buying oil shares as a long term invester. I look at a few cases from BP down to Union Jack Oil (UJO). Perhaps there is no rush but the time will come.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments

|