RE: Share price of SHE and BrooksideWe still have the fact that...

RE: Share price of SHE and Brookside

We still have the fact that Brookside has been very active in opening wells, lots of announcements etc and Brookside share price has fared similarly to SHE's.
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So what do they both have in common, umm ..."oil and gas".

It might be that the oil and gas industry has been maligned for reasons such as :

1) The green drive to all move to green energy,
an impossible dream unless we all go nuclear and have massive inflation from upgrading the power lines to charge cars.
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2) During COVID the price of oil went negative briefly for the first time ,hence oil volatility increased and as a consequence so did the risk associated with oil. Therefor to maintain the same Return/Risk Ratio used by many investors the share price of oil companies fell to compensate for the perceived increase of risk Over time this risk will dissipate !.