Thanks for reminding me why I got into OSH in the first place. A strong beta to oil prices- meaning- as oil prices go up, OSH goes up more than its peers. And, just quietly, Papua LNG is cheaper on the cost curve than other planned LNG projects on our continental shelf.
More promising crude and gasoline inventory news from APA last night. The price of oil continues to hold up well above US$70. So oilers must be getting revenues this quarter so far.
IMHO DYOR
OSH Price at posting:
$3.93 Sentiment: Buy Disclosure: Held
