How to benefit from a potential rise in the price of crude: Producer SDX Energy IPOs in London
May 20, 2016 12:01 pm
20 May 2016: SDX Energy, which produces crude in Egypt, has listed in London in a £7.6 million IPO. CEO Paul Welch tells IG that, at $40 a barrel, SDX makes $15. This means that any potential increase in the oil price equates to higher profits.
20 May 2016: SDX Energy, which produces crude in Egypt, has listed in London in a £7.6 million IPO. CEO Paul Welch tells IG that, at $40 a barrel, SDX makes $15. This means that any potential increase in the oil price equates to higher profits.
Related Posts: