After graduating with first class honours in economics from Lancaster University in 2006, Jamie spent a number of years as a private client equity dealer gaining front-line experience in the investment industry during the most fast paced and volatile period in financial history. Having acquired an insight from both professional and individual investors, Jamie joined Proactive’s growing editorial team in 2009.
Sirius Minerals shares could be described as a coiled spring ahead of key negotiations over project financing that could ultimately unlock the world class potential of the proposed North Yorkshire Polyhalite mine.
Shore Capital’s ‘buy’ recommendation outlines some 150% upside to the current price, and analyst Yuen Low expects pending project finance news to trigger a re-rating.
Flow rates of at least 2,500 to 3,000 barrels of oil per day would be needed to justify the additional costs of operating in Alaska, according to Hartleys, but analyst Simon Andrew reckons 88 Energy could be prolific producer.
Here, we take a look at some of London’s high profile oil stocks on most investor’s watch lists as the recovery in crude prices near US$50 per barrel.
Around US$50mln was invoiced for April oil sales from the Taq Taq and Tawke field, and so far payments totalling US$27mln have been received.
“In spite of the exceptionally challenging ongoing market conditions, the company has successfully positioned itself for future growth,” said chief executive Mark Routh.
The AIM quoted investors in lithium assets said it is confident each of its significant projects will continue to grow.
The AIM company will invest up to £525,000 in a new venture targeting distressed gas assets in the United States.
Acacia Mining, Booker Group, Taylor Wimpey, DCC are in Wednesday’s broker spotlight.
Premier Oil, Hunting, Antofagasta, Daily Mail & General Trust, and Drax are in the broker spotlight on Monday.
Centrica, Direct Line Insurance Group, Stagecoach, Shell and Randgold Resources were all in Thursday’s broker spotlight.
Lloyds Banking Group, Stagecoach, Cobham and the UK house building stocks were all in the broker spotlight on Thursday.