Saturday, February 28, 2015

Weighting Down UK-Listed Oil and Gas Shares

Using Brent as a global proxy benchmark, we find that the oil price continues to skate around $60 per barrel. That’s a far cry from $115 we saw last summer. So after two months into the not so New Year, and having received the latest financial data from many UK-listed oil and gas companies, it is worth revisiting or rather re-weighting their share target price.

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