Brokers have flagged Senex Energy (ASX:SXY) as an emerging star in the oil and gas sector

Brokers have flagged Senex Energy (ASX:SXY) as an emerging star in the oil and gas sector. Senex is a small-cap oil and gas exploration company focused on Australia's Cooper Basin. Brokers are lapping over recent drilling results which show strong earnings/cashflow generated by Cooper oil as well as significant upside in its unconventional gas. Credit Suisse believes that recent share price weakness, which has seen the stock trade at a 46% discount to its Cooper Basin peers, makes it an attractive buying opportunity. JPMorgan, Deutsche Bank and Morgan Stanley have also communicated significant valuation upside on the stock. (VIEW LINK)

2 topics

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter