1. Most Discussed
  2. Gainers & Losers
OEL 7.1¢

Woodside article - OEL same perhaps

  1. wdp

    971 Posts.
    This was an article on Woodside but I would suggest that with our coffers filled with cash and no debt Otto could also be same scenario. ..??

    As energy companies around the world seek to limit expenditure and conserve cash, more assets are now available more cheaply than at any other time since the GFC.
    Woodside is now essentially debt free and still generating strong cash flows from LNG contracts and conventional oil projects. There is a wonderful opportunity for the company to divert cash currently being paid as dividends into acquisitions and finally grow production. The list of potential targets is growing by the week and valuations in the sector have fallen a long way.
    Management is smart and is now doubt looking at opportunities. Rumours persist the Woodside will bid for Apache’s stake in the Wheatstone LNG project, due for completion in 2016. A smart acquisition now could transform its production profile for years to come. Uniquely among producers, Woodside is well placed to benefit from the sectors woes.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.