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I am a Kiwi.
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You are currently reading a thread in /biz/ - Business & Finance

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I am a Kiwi.

What stock on the NZX or the ASX do I need to buy to take advantage of these crazy low oil prices?
>>
>>1055189

US here, so I'm not familiar with NZ companies. But look at major suppliers to oil refiners or the oil refiners and producers themselves. But be warned, it might not be until 2017 that oil prices rebound so make sure whatever company you invest in has a strong enough balance sheet to whether an extended time of reduced cash flows.
>>
Origin Energy.

Don't buy Santos. Santos will either go bankrupt or be taken over for less that what you pay
>>
Didn't origin just have a mini-bounce? What's the views on BHP? Are they fucked?
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>>1055189
https://www.nzx.com/markets/NZSX/securities/NZO?icharts=true

thoughts

this is the only oil related company I can find on the nzx
>>
How is offshore even economical at all it seems like they would need much higher prices than the shale players.
>>
bump for interest
Thread replies: 7
Thread images: 1
Thread DB ID: 458348



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