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

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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)

Australia equities

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