WDS 1.38% $24.36 woodside energy group ltd

WPL@$40, page-597

  1. 231 Posts.
    lightbulb Created with Sketch. 121
    Loving WDS at the moment. There is a real lack of appetite amongst bankers to fund new fossil fuel projects - this plays into the hands of big energy players because they are the only ones that can fund development of new projects. It's a double positive - they can buy projects at a discount because others can't get funding and what they produce is going nuts.

    Just need to be quick to react to anything that may unwind the oil price in a significant way and trade a bit (even if the oil price did come off at some point there is a medium/long term supply demand issue that'll underwrite).
 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.