pvd:au

John Robertson

Executives at oil and gas juniors may be indulging their personal aspirations at the expense of shareholder outcomes. The PortfolioDirect rating reviews of oil and gas sector stocks have been highlighting a common feature. Executives, often with large company backgrounds, are highly adept at identifying and defining interesting geologies. In... Show More

John Robertson

Large commodity price rises last week recovered only a tiny proportion of lost ground leaving the overall cyclical position little changed. A further global growth downgrade from the IMF left the sector at risk of having to reduce its estimates of raw material demand. The open question after the week’s... Show More

John Robertson

Offshore oil and gas is especially dangerous investment ground. I highlighted Pura Vida Energy a year ago as being “among the best of the smaller companies in this space” (https://www.livewiremarkets.com/wires/21315). My comments also highlighted the binary nature of its potential exploration outcomes which implied the company should only be a... Show More