MALCOLM GRAHAM-WOOD | OIL AND GAS ADVISORY
I have said before that one of the reasons for holding BG is the asset value that is in the company and that if the management didn’t deliver then somebody else could and should. I suspect that time has now come. BG has world class assets in its portfolio – at this stage they should immediately put these up for sale.
NEIL SHAH | EDISON INVESTMENT RESEARCH
This is a big disappointment given the new chief executive had implemented a strategy that looked to put BG on a steadier course. It continues to highlight the volatility of a significant Middle East presence. The market reaction is probably a reflection of the market’s nervousness about emerging markets.
JONATHAN JACKSON | KILLIK & CO
BG’s production guidance has been very poor. But I believe the shares have now fallen far enough to discount the risks, given the growth in Brazil and Australia, a strong presence in LNG and improved financial discipline. At current levels, the stock could once again become the focus of takeover speculation.