10-08-2014, 10:25 PM
Worth a read for some general information:
http://www.afr.com/p/special_reports/ene...udY0a3GNUI
Meanwhile debate rages as to whether InterOil is already overvalued, although Bernstein, the influential Wall Street research house, recently joined the bulls with an outperform rating on the stock.
Bernstein senior oil and gas analyst Neil Beveridge followed that up last month after a discussion with Hession that he told clients gave “increased conviction” on its rating.
He said a “root and branch restructuring” of the management had enhanced InterOil’s credibility, while the link-up with Total and Oil Search on Elk-Antelope set that venture up as a potential “major LNG export project.”
http://www.afr.com/p/special_reports/ene...udY0a3GNUI
Meanwhile debate rages as to whether InterOil is already overvalued, although Bernstein, the influential Wall Street research house, recently joined the bulls with an outperform rating on the stock.
Bernstein senior oil and gas analyst Neil Beveridge followed that up last month after a discussion with Hession that he told clients gave “increased conviction” on its rating.
He said a “root and branch restructuring” of the management had enhanced InterOil’s credibility, while the link-up with Total and Oil Search on Elk-Antelope set that venture up as a potential “major LNG export project.”