Energy stocks have historically bottomed before the oil price. Take a look around, are any new lows being achieved?
wpl 33.72
osh 6.87
dls 65c
sto 6.96
hzn 12c
aok 9.6c
Most of the above prices were achieved a 4-5 weeks ago when fear was at its peak. Now its bargain hunting season with the oil price struggling to set new lows. $48.51 now up around 10% from its low set a few days ago. Feb contract expiry giving it a boost last night also... http://www.reuters.com/article/2015/01/14/crude-futures-prices-idUSL1N0UT21Y20150114
Oil $47.18US in early trade, page-66
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Last
$7.94 |
Change
0.000(0.00%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67051 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 2000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |