Initiating Coverage: Nautilus Marine Services - FinnCap
Dr. Dougie Youngson, Research Director, Oil & Gas at FinnCap, talks to Tip TV Presenter Matt Brown about the fundamentals of Nautilus Marine Services and the oil market.
Youngson says the projects that had gone on the back burner have come online, courtesy of the recovery in oil prices and that is positive for the service provider.
Asked how he sees the OPEC and oil market performing the months ahead, he said, “Saudi is likely to cut output and bid up prices of its own stock - Aramco IPO.”
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