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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Premier Oil - Our top E&P pick to benefit from oil price recovery

November 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:
  • 88.5p
Calling the bottom in energy prices may be a mug’s game but oil shares enjoyed a strong rally after Shell CEO Ben Van Beurden saw “the first mixed signs” of a recovery in prices. By presupposing a future point where “US shale oil growth is finally stalling due to low prices, there is a rebalancing of stocks and oil production outside OPEC is declining due to cuts in capital expenditure” he thinks “this could cause prices to spike upwards.”One share that could enjoy a strong re-rating if this happens is fully-listed Premier Oil, which has rallied from a low of 60p but remains well below its high of 530p early in 2011. Established in 1934, Premier Oil originally produced oil in Trinidad but t ...

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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.

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