Aside from the oil price, we believe the key “catalysts” for share price appreciation in the coming months will revolve mainly around removing various overhangs that have weighed on investor sentiment for a while. In this short note we take a look at some of the key “derisking” events. We remain with our BUY recommendation, but prefer Cairn Energy on a short term investment horizon.
26 May 2017
focus on derisking
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focus on derisking
Tullow Oil plc (TLW:LON) | 35.1 0.2 1.4% | Mkt Cap: 510.6m
- Published:
26 May 2017 -
Author:
Jessica Saadat -
Pages:
9
Aside from the oil price, we believe the key “catalysts” for share price appreciation in the coming months will revolve mainly around removing various overhangs that have weighed on investor sentiment for a while. In this short note we take a look at some of the key “derisking” events. We remain with our BUY recommendation, but prefer Cairn Energy on a short term investment horizon.