Sorry Tui, but SXY does not exist to assist other Australian Oil...

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.