i hold FTO,PET,and EEN shares, can anyone tell me why they are falling?.
i`m quite new to this , with fortune having good results and bluesky pending,petrel poised to land a contact in iraq,and emerald financially stable and with good management and prospects i don`t understand .
please help!!!.
thanks
dexter

Anyone here know offhand weather any Oil Coms. over here have Interests In Bolivia please?

Try looking at GED, EEN and CHP.

Thanks A,
Just Interested after their change of Government.

Dexter - Firstly I don't know the individual companies you have posted, but do bear in mind the fundamentials, as with oil - like ALL commodities, these basic fundamentials plus the spot price DO move the share price across the sector as a whole.

OK bear in mind with your companies it could simply be due to the oil price slipping lately, maybe the chancellor saying about raising tax for oil co's and the fact the US has bigger oil stock piles then originally thought, plus OPEC keeping up the production rate to ensure supplies stay high. These have all been news items recently.

I hold 2 much bigger oil co's (BP & CNE) and the share price recently
has been pretty awful. Now there could be problems with one or more of your individual selections mentioned above, but check - did the price move down about the same time as it did for the bigger oil co's? Put up a double chart and compare, check the news for each of yours inidividually also and others similiar in the sector. Somewhere you will find clues that will answer your questions.

Good luck :>)

I also hold bigger oil companies, BP and RDSB. I am getting a bit twichy on these as there would appear to be head and shoulders forming on both charts, especially BP. I think long term they are great, probably spilling off cash for years to come. Anyone else got a similar feeling about these stocks. If so, BP could drop to 520p or so. Appreciate any thoughts, H