Australian Investment Blog

Here is our Market Matters video update on Gold as mentioned in yesterday’s Morning Report

Natural Gas fell 29% from its high in February, what of the stocks?

The first thing that is likely to catch anyone’s eye when looking at the natural gas price is the extrememe volatiliy – see chart 1.

In the last 14 years, the price of natural gas has plunged 80%, 63%, 75%, 82% and 67% respectively and has also had three significant rallies.

I will look at 3 leading Australian gas stocks below, Oilsearch (OSH), Santos (STO) and Woodside Petroleum (WPL).

OSH - In a clear bullish uptrend, but a hard risk/reward buy here. This is my clear preferred stock of the three.