image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Primary Recommendation

Premier Oil - Production forecast to grow from 55,000 to 80,000 boepd by 2018

December 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PMO
  • Price:
  • 69.5p
The halving in crude oil prices has affected the good, the bad and the ugly but such an indiscriminate sweep throws up juicy trading opportunities to acquire better quality oil explorer and producer (e&p) shares at bombed out prices, which could spike on any meaningful rally. Shell’s CEO has already noted the first “mixed signs of recovery” and anticipates an upward price spike due to stalling US shale growth and declining production outside OPEC. Meanwhile, US oil rig count (a proxy for drilling activity) has fallen for seven straight weeks to 595 and is down from a high of 1,600 in 2014.One of the biggest beneficiaries could be Premier Oil, whose main interests span the North Sea, Vietnam, Indonesia and the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Premier Oil - Shares hit by Saudi price war (April 2020)
Premier Oil - Transformational acquisitions will add US$1bn free cash flow by 2023 (February 2020)
Premier Oil - Disposal of Zama one step closer (December 2019)
Premier Oil (November 2019)
Premier Oil - Proposed Zama sale will transform financial health (October 2019)
Premier Oil - Jefferies thinks Zama discovery could attract bidder (August 2019)
Premier Oil (June 2019)
Premier Oil - Record production could drive re-rating (April 2019)
Premier Oil (March 2019)
Premier Oil - Proposed take-over of Zama partner puts Premier into play™ (January 2019)
Premier Oil - CFO highlights multiple catalysts that could deliver re-rating (October 2018)
Premier Oil (September 2018)
Premier Oil (July 2018)
Premier Oil (May 2018)
Premier Oil (March 2018)
Premier Oil - Jefferies upside scenario target price: £2 (February 2018)
Premier Oil - After a two year wait everything is coming together (January 2018)
Premier Oil - Asset disposal yields strong gain (November 2017)
Premier Oil (September 2017)
Premier Oil (August 2017)
Premier Oil - Refinancing a done deal (May 2017)
Premier Oil - Refinancing nearly complete (February 2017)
Premier Oil - OPEC cuts are a game changer (January 2017)
Premier Oil - Solan first oil boosts output (November 2016)
Premier Oil (September 2016)
Premier Oil - Oil recovery allows increased hedging (July 2016)
Premier Oil - Rising oil price boosts shares (April 2016)
Premier Oil - JP Morgan Cazenove introduces 60p price target (March 2016)
Premier Oil (February 2016)
Premier Oil - Our top E&P pick to benefit from oil price recovery (November 2015)
Premier Oil - Growing number of high impact wells (December 2005)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X