Andrew Austin of Kistos
In the Company of Mavericks
00:00
Oil and Gas - Is This a Sign of the Volatility of the Oil Industry?
Kistos seems to be trading on next year's earnings multiple of certainly less than two, which is remarkable. For historical reasons, there's been less investment recently in hydrocarbon producing companies. And i think one of the other problems is that people look at our companies as projects and they say, ok, so you're making several hundred million uros this year, and next year you'll make a couple of hundred million Uros lessan the year after you'll make less than that. Where's the growth? You know, this is not the same as investing in amazon or fever tree, or whatever it is. The markets do not see that if you got the right management team
Transcript
Play full episode
