Silver Ridge Resources says the upside potential for oil-related stocks represents an excellent opportunity for bold investors.
Silver Ridge Resources, the China-based investment house has told clients that the sharp decline in oil prices that has played out since June of last year has created opportunities that offer exciting ways to secure strong gains for investors with even a moderate tolerance for investment risk.
Vivian Ericsson, chief commodities and resources analyst at Silver Ridge Resources explained, “An awful lot has been written about the US shale oil revolution and how its ongoing development means that cheap oil is effectively here to stay but the oil industry is incredibly adaptable. We’re already seeing a record number of oil rigs being de-commissioned, thousands of jobs being lost and the first rumblings of falling US production. It’s our belief that by the end of the year, oil prices will have clawed back much of their recent losses and the US shale oil industry will be significantly smaller than it was at its peak.”
As prices fell over 60% from last June to last month’s lows, investors moved to limit their exposure to the sector and sold off holdings in companies that Silver Ridge Resources says remain well capitalized, efficiently run businesses with excellent cash flow.
“We’ve seen stocks in explorers and oil services companies plunge as much as 80% since June as investors stampeded for the exits,” added Ericsson. “This means there are some extremely compelling bargains out there but what’s even more attractive is that these are not high risk plays. There are no highly-levered startups on our latest buy listings so they’re great even for those with low risk appetite.”
About Silver Ridge Resources:
Founded in 2005, Silver Ridge Resources is an independent, full-service brokerage, investment planning and management concern committed to delivering innovative capital appreciation and preservation solutions to individuals and families with a high net worth. We place the welfare of our clients and their families first and we pride ourselves on having become the first port of call for their financial affairs. We consistently exceed our clients’ expectations by going the extra mile in terms of attention to detail, delivery of service and, most importantly, returns on investment.
From our headquarters in Shanghai, China and offices around the Asia Pacific region, we currently oversee the deployment of over $4.5 billion of assets on behalf of clients both in Asia and around the world.
Contact Silver Ridge Resources:
681 Haining Rd