income junkies moved on, so it's back to the fundamentals.1x historic PE, high single figure growth, yielding about 6%, very stable business.
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Analyst current valuations range from 3 to 8 times the current share price, and with a multiple drilling program this year it won't stay down for long.adh0: My thoughts...
Despite the weak (sub ) oil price being a realistic possibility: They wont cut the dividend, which is now over 7% and if Sterling continues to slide as the shambles of a Brexit negotiation rumbles on for two years, this will only rise in £ terms.
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In Europe, the deal also covers France, Italy, Austria, Switzerland, Ireland, Denmark, Norway, Sweden and Finland.
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