SXY 0.00% $4.60 senex energy limited

Ann: 2P oil reserves upgraded by 4.5 mmbbls to 13.3 mmbbls, page-20

  1. 11,773 Posts.
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    Sorry Tui, but SXY does not exist to assist other Australian Oil & Gas stocks when their SP is low....

    I agree that SXY is a growth company, but it will not grow much for the next 18-24 months unless large, new fields are not only discovered, but brought into production with meaningful amounts of bopd. SXY have know this for the past 2 years, but decided that they would focus on field rehabilitation, instead of new fields. Every action has a resulting reaction. Production is flat lining (somewhat similarly to BPT).

    Again, SXY is a great company, but as with all stocks, only worth buying at the right price.
 
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