I just looked at Oil Search, Origin Energy, Santos, and Woodside, and concluded Oil Search is the top pick for me. A few things stand out. First, OSH is the only stock currently traded below the lowest consensus price by 12 analysts, which is AUD 7.24, not to mentions the highest price of AUD 11.9. Secondly, a break-even price of $28, makes it much more attractive when oil price moves higher, compared with Santos $43.5, and Origin $42. Thirdly, by looking at the short chart, i.e., the short percentage and when that happened, http://www.shortman.com.au/stock?q=sto, any experience trader can easily see that the shorts are to be recovered soon, once the share price reaches AUD 7.2, most shorters will be in water. They be a little shy at this moment, but soon they will be like rats running above flooded water. Hold up! shareholders, you will be rewarded.
OSH Price at posting:
$7.03 Sentiment: Buy Disclosure: Not Held