Business
Why brokers think you should buy the slumping Woodside Petroleum share price today – Motley Fool Australia
The Woodside Petroleum Limited (ASX: WPL) share price tumbled for the third day, but brokers think the weakness is a buying opportunity.
The Woodside Petroleum Limited(ASX: WPL) share price tumbled for the third consecutive day to its lowest level this month, but brokers think the weakness is a buying opportunity.
Shares in the ASX energy stock slumped 1.4% to $20.66 on Thursday when the S&P/ASX 200 Index (Index:^AXJO) fell 0.8%.
In contrast, its peers are faring better. The Oil Search Limited(ASX: OSH) share price jumped 1.3% to $3.14, while the Beach Energy Ltd(ASX: BPT) share price added 1% to $1.51.
Big write-down hurt…
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