Shares & Derivatives
Oil Shock Creates Opportunities on SGX
By Dr Wealth  •  December 3, 2014
Crude oil tumbled to 5-year low, sending oil and gas stocks downwards. Will oil price continue to go down? I do not know. What I know is that there are enough attention and bearishness about oil prices and that smells like opportunities to me. This prompted me to look at the oil and gas stocks listed on the SGX. According to the FTSE Industrial Classification Benchmark (ICB), SGX has 31 oil and gas stocks, shown in the table below.
Name
Symbol
Stock Price
5-year price change
1-year price change
PE
Debt-to-Equity
Ezion 5ME 1.17 120.20% -36.50% 6 155%
SBI Offshore 5PL 0.46 114.00% 268.00% 61 66%
Gaylin Holding RF7 0.58 58.90% -0.90% 22 92%
MTQ Corp M05 1.05 48.90% -25.00% 5 93%
Interra Resource 5GI 0.177 18.80% -56.80% 9 24%
Keppel Corp BN4 8.53 ...
...
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By Dr Wealth
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