UK 05:39 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This article is difficult to write due to the unexpected nature of what happened at the recent OPEC meeting which has caused the oil price to tank by 40%. Should we panic?
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Elrico
Chris – You will in all probability be proven right about the Falklands players, but I still expect them to be dragged down, be it limited with oil stocks in general. The break-even price is a major benefit of course. Another, much smaller oil play off many investors radar is Rose Petroleum, expecting to spud this month. It needs less than $20 pb to break even and has all the infrastructure in place, Stateside. Still high risk though.
wildrides
A cos of 52% is still very high risk ……………… 48% chance of losing most of your money . Why bother ? Stick it in LGO and watch the money roll in .