Depends!!!!!!!!!! if bullish oil and gas WPL if not BHP (relatively of course BHP has plenty of oil and gas exposure). WPL is the best exposure(absolute ie I am not saying it is great value) to oil on the Aust market.
My opinion BHP. I am not a trader of either of these stocks I would be a buy and hold. I think we have seen the top of the oil prices.
Also BHP can target the best performing resources re prices and allocate resources in that direction to produce more/find more be it oil ,iron ore, copper, gold etc etc etc etc........etc. So it has a natural hedge against a falling oil price..
wpl or bhp, page-2
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |