Business
Santos (ASX:STO) share price rated top buy in sector by Citigroup
Oil-exposed ASX stocks are on edge today but this is a good time to be buying the Santos Ltd (ASX: STO) share price.
That’s the view of Citigroup as it called the Santos share price its top pick in the sector.
Jitters about whether OPEC will extend production curbs weighed on oil prices overnight. This triggered early losses in the ASX energy sector which is flip flopping between gains and losses.
Santos share price recovers from early selling
The sector’s heavyweights seem to be faring better in after lunch trade though. The Oil Search Ltd (ASX: OSH) share price gained 0.5% to $3.69, the Woodside Petroleum Limited (ASX: WPL) share price climbed 0.8% to $22.37 and the Santos share price added 0.9% to $6.26.
There’s more room…
-
General20 hours agoTributes flow after Australian Paralympic bronze medallist Nicholas Hum dies aged 32
-
Noosa News15 hours agoUpdate: Attempted murder charges, Maroochydore
-
General16 hours agoNT’s top year 12 achievers celebrated, with some looking to pursue teaching careers
-
Noosa News24 hours agoThree taken to hospital, crime scene declared after unit fire in Spring Hill