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Size matters

IN the oil and gas sector, it may pay to stick with the big boys.

Perth-based Stock Analysis has published its Hall of Fame, based on shareholder value created as a proportion of market capitalisation, or how much value has been added over time to the equity contributed by those shareholders.

The five best performers are Origin Energy (ORG), Oil Search (OSH), Woodside Petroleum (WPL), Aurora Oil & Gas (AUT) and Buru Energy (BRU). The latter is the odd one out, with market cap of $279m; the others are worth between $25.6bn and $1.32bn.

Naturally, there is an accompanying Hall of Shame for the worst performers. The wooden spoon goes to Marion Energy (MAE), followed by Boris Ganke's Longreach Oil (LGO), Agri Energy (AAE), Lion Energy (LIO) and Quest Petroleum (QPN), with values ranging from $1.35m to $8.16m.