SXY senex energy limited
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Bell Potter

  1. carey18
    567 Posts.
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    23/08/19
    14:27
    Post #: 40120742
    Investment thesis: Buy, Target Price $0.48/shOur Buy recommendation is supported by a positive outlook for the Australian East Coastdomestic gas market and global energy markets more broadly. SXY is adequately fundedto pursue its growth strategy. During FY20, SXY will ramp-up production at its key SuratBasin coal seam gas assets and deliver gas into supply short markets. As a result, thecompany will see substantial earnings and free cash flow growth over the next two years.
    SXY Price at posting: 36.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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