WPL.ASX
Gina Rinehart puts oil and gas back in the investment frame
Follow the money is always good advice, as is invest like the rich, so when you combine money and an unfashionable investment by an ultra-rich person such as iron ore billionaire Gina Rinehart, you could be on a winner, even if it’s in the politically incorrect business of oil and gas. Always prepared to back […]
Big-name investors, politicians embracing oil and gas, as price tipped to surge
Follow the money (and follow the politics) because this week’s hot advice is that when it comes to investing in energy, money and politics are heading in the same direction and it’s not all about wind, solar and other renewables. The world’s top investor, Warren Buffet, this week loaded up on oil stocks ahead of […]
Magellan appoints new CEO, TPG sells mobile towers and Orica boss raises fears over energy security
Magellan Financial Group (ASX: MFG) has announced the appointment of a new chief executive officer in David George, six months on from Brett Cairns deciding to walk away from the job. Magellan chairman Hamish McLennan is full of praise for Mr George, saying he has an “outstanding investment management pedigree”. “The board was unanimous in […]
Gas prices boom as Russia upends the energy market
Oil and gas might not be everyone’s favourite asset class, but when it’s the hottest ticket in town it’s hard to ignore – especially when potential profit-making anomalies emerge. Geologists in particular understand the value in anomalies, or differences in layers of rock, which sometimes point to the presence of valuable minerals. In oil and […]