No TO bid rumors for a change due to the STO CR. BTW: ConocoPhillips (COP) and XOM are down looking around for acquisitions again (when Trump's Tillerson hands over the reins of XOM informally as well as formally).
Some still think a takeover is highly likely, with some of the bigger players such as BHP, PetroChemical and COP rumored to be sniffing around both for gas and for oil and there are very few places in the world where those things are available.
Falklands (Premier Oil), Africa (Ophir and Tullow) and Faroe Islands (Faroe Petroleum) can only be in vogue for so long. Tullow has a lot of debt IMHO but pls DYOR. The five players: ORG, STO, WPL, SXY and BPT seem to have the burden of cash in comparison.
SXY Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
