STO is oversold today, imo, page-73

good call - retailers who buy in for exposure to dividends in basically any the of the oilers are facing a tough time because of the POO - all are cutting back on capex - all are under cashflow pressure - you can't have oil halve and not see your revenue take a massive hit...

The low POO is affecting whole countries let alone companies..

If you believe that gas is the way of the future in Asia then buying in the low point of the cycle (ONLY IN MY OPINION), is the sensible approach for long term growth - now that doesn't suit everyone - it definitely doesn't suit speculators who've jumped soley in for a quick buck - and I've been that speculator and will speculate from time to time even on Santos which I am on the STOR's at the moment.

Investing is all about goals - do you want dividends fully franked? etc etc - are you after capital growth in the next 1 to 2 years or longer?
Santos's future is directly tied to the POO as are all oil companies and no-one can escape that reality just like gold companies are tied to the POG etc etc.

I would at a guess think a lot of mum and investors like the security of an ASX top 50 - they like a dividend and they would like capital growth. Santos has failed on the capital growth in the last year though still paid a dividend and may well still pay a dividend though much lower - its not about to go into administration as some make out and it is still an ASX top 50

Its assets will outstrip its debt by nearly 4 to 1 after the CR and its cashflow will increase with GLNG though margins on that cashflow will be affected by the POO..

This company has had the eyes picked out of it - its been bashed and flogged and thrown to the ground but it keeps getting back up because the fundamentals are still there - it is a business that is growing through GLNG and PNG LNG and with some luck the POO will help lift the margins on the cashflow - but it all depends on the POO as with ALL oil companies.

Don't like POO - stay away from oil companies

...think the POO will do better going forward then to buy at a low point in the price cycle is probably not a silly thing to do in ANY company - that's just my own approach though - and I would patent it - but I pinched it off a lot of others

Lots of oilers to invest in but not many the size of STO - Woodside is bigger then there is ORG - AGL - OSH and a couple of others - the rest are mid to small size and more for the seasoned investor with a higher risk tolerance and generally little to no dividends (almost never fully franked) regular CR's and a lot riding on drilling success from month to month.

This isn't advice just an opinion & nothing more but again if you don't like the POO stay right away from oil companies full stop.