onedb1

onedb1

Showing signs of a breakout with a good risk return trade in my opinion . Brent is at almost year highs both in GBP and USD terms Forward curve hedging will in my view help Uk Energy companies outperform Brent in H2 2018 and into 2019 . Value investors will no doubt be looking at the longer dated Brent curve which is substantially looking higher .

onedb1

Well worth looking at the possibility of Enquest gaining traction vs its peers and in particular one of the leading stocks in the UK Energy sector ie Premier OIl . Enquest has lagged quite a bit but in pure RS terms it may be starting a period of outperformance as sentiment may be shifting . I tend to rebalance the weights accordingly