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Cash-flow Challenges Cast ‘Dark Cloud’ Over Oil & Gas Stocks as Sector Bleeds

Cash-flow Challenges Cast ‘Dark Cloud’ Over Oil & Gas Stocks as Sector Bleeds

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Published by proshareng

The Analyst A review of the listed companies in the Oil & Gas Sector of the Nigerian bourse (an oil producing nation) in 2012 was gloomy, with an average -40.4% return YTD. This will suggest that all is not well with operating business model of the listed firms in that sector as investors continued to sell down their stakes in those quoted companies. This may further affect shareholders' l

The Analyst A review of the listed companies in the Oil & Gas Sector of the Nigerian bourse (an oil producing nation) in 2012 was gloomy, with an average -40.4% return YTD. This will suggest that all is not well with operating business model of the listed firms in that sector as investors continued to sell down their stakes in those quoted companies. This may further affect shareholders' l

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Categories:Business/Law, Finance
Published by: proshareng on Dec 12, 2012
Copyright:Attribution Non-commercial

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05/14/2014

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