The oil price gets all the press. The price of a barrel collapsed during the Covid-19 lock down. Companies went bankrupt in droves. Now, the industry turned to mergers to survive.
Investors fled. The sentiment turned awful. No one cares about oil anymore. The future is electric cars…peak demand is right around the corner.
Right or wrong, the oil industry is deep in a bear market. And that brings opportunity.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.