OSH
This is the best performing O&G stock in Australia. By that, I mean, through slow and steady progress, not a sudden discovery of a huge amount of oil from successful speculation.
Yesterday, it announced a good profit with prediction of a rise in future income as its LNG project with Exxon Mobil keeps on producing the stuff that the Japanese and Koreans want.
Yet, its share price tumbled significantly. Looking around, I couldn't find an explanation for it. Hence, I topped up a small parcel. It is already one of my biggest holdings but if it produces a dividend out of rising profit, it is very difficult to ignore the stock.
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