I would sooner trust a fart after a GyG meal than a Morningstar report.
Notwithstanding the last couple of weeks, I am seeing similar across the entire commodity space. Gold, Uranium, Lithium, Coal. Struggling to see a commodity or miner that has actually held up not too badly. Copper may be the only notable exception I can think off off hand. I think energy is a big W for the next few years and we have massively underinvested in it globally (especially Western Countries). Solar panels and wind turbines are great, but you arent going to run a modern economy on that alone and Gas has a critical role to play regardless of where you sit on the renewables/nuclear/coal issue.
Not sure id call STO mid tier, but agreed its been punished, unless the oil/gas price collapses im not sure how you go wrong with the sector at these levels.
BPT Price at posting:
$1.18 Sentiment: None Disclosure: Not Held
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