I’ve long been a fan of Serica Energy (SQZ) and over the years have watched it grow from a small AIM company to its current size, where it has just made the decision to move its shares to a main market listing.
Harbour Energy (HBR) seems to still be viewed as mostly a UK oil and gas play, and coming with all the risks associated with the tax regime in this country.
EnQuest (ENQ) is a company that I have been following for a long time, and whilst it has had lots of ups and downs over the years, it has recently been moving strongly in the right direction.
It has been nice to see Jadestone Energy (JSE) finally showing a bit of strength recently, even if that has largely been down to the higher oil prices being caused the Iran war.
Precious metals prices have been extremely volatile in recent months, and after silver and gold made record highs, both have had significant pullbacks.
I recently covered Jet2 as a recovery buy, and I think there is value to be found in some of the other airline stocks at the moment as well.
Often the big gains come from investing in a sector before economic conditions are optimal for it and by being ahead of the game, rather than waiting for conditions to change.
Shares in BP (BP.) have performed fairly well since I tipped them as a long term buy last September, which isn’t realty surprising when you look at how the oil price has performed, but is still see plenty of value from continuing to hold – or entering even at this level.
A reader has asked me to update my view on Jadestone Energy (JSE), a company I’ve held shares in for sometime, and where quite a bit has happened since I last looked at it – both company specific, and also in terms of oil prices.
I believe that the markets are still underestimating the longer term impact of the war in Iran, and especially so when it comes to supplies of LNG from countries such as Qatar.
