In 2018 Saudi Aramco is going to go public in the world's
In 2018 Saudi Aramco is going to go public in the world's largest IPO, 2 TRILLION dollars. In order to fetch this huge market cap oil is going to have to be at 70.00 per barrel. This will bring one of the biggest bull markets to oil ever as the Saudi's are going to do whatever it takes to get it there. The best way to play the coming bull market for oil is to BUY BPT. BPT currently trades at 21.50 and moves up dramaticaily when oil does. BPT also pays a 21% dividend yield which it last paid in April. If oil goes to 70.00 dollars a barrel BPT will hit 50.00 imo and their dividend will skyrocket. Buy some BPT and ride it all the way to 2018. You will be happy you did. The Saudis do not lose. BTW, OPEC delegates just said they may cut supply more! And Raymond James just last week put a 2018 target on oil of 65.00!
NOT INVESTMENT ADVICE.
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