Deutsche Bank's Analyst
proactiveinvestores.co.uk
Analyst Jessica Saadat said that in the investment bank's opinion, Afren (LON:AFR), Ophir (LON:OPHR), Genel (LON:OPHR) and Tullow (LON:TLW) offered investors the most interesting drilling campaigns this year.
However, she said that with Tullow, she believed much of the exploration success was already priced in, and following the recent share price run, JP Morgan Cazenove downgraded the stock to "neutral".
The analyst said that her preferred name remained Afren, although the investment bank said it continued to like Genel (LON:GENL) and SOCO (LON:SIA). It has also upgraded Enquest to overweight from "neutral" because of its valuation, which "now looks more attractive", it said.
Speak when you are angry and you will make the best speech you will ever regret.-Ambrose Bierce
