Core Targets Leadership in Equity (Energy) Research
01.Mar.2010
Core Energy has commenced the role out of a two year plan to move to leadership in research, analysis and valuation of ASX listed energy companies.
Commenting on the program, CEO, Mr Paul Taliangis said " As an independent, integrated energy services firm we believe we have something distinctive to offer fund managers and other sophisticated investors. We combine strategic, operational and financial knowledge with advanced data, information and systems and relationship networks to deliver a rigorous, objective view of value potential, risk and uncertainty. Our processes are also designed to ensure we can effectively communicate with clients in a time efficient manner. In addition the boutique nature of our business ensures we can deliver high quality results, cost effectively"
"To put it simply, our objective is to be the trusted, "go to" source of fundamental analysis, research and opinion for our equity market clients across all energy sectors - in Australia and abroad - oil and gas including LNG; renewable energy; infrastructure; utilities; retail; integrated companies; coal; uranium and nuclear; energy and engineering related services; refining; carbon management and electricity. At the company level we now cover 15 ASX listed companies and we target coverage of over 35 large, mid and select small cap companies over the next two years. Our research suggests this will move us toward the lead in this market in terms of both quality, breadth and depth of coverage."
To service this important area of business, Core maintains a tight team of in-house energy specialists and compliments this will external expertise via alliances and selective use of consultants.
Background
Since 2007 Core has been providing a range of services to the Australian equity market, focused on energy industry and company analysis and valuation. Subsequently Core entered into an alliance with a national stock broking firm to service the market via a co-operative arrangement. Due to changing market circumstances Core moved to a fully independent advisor status, managing direct relationships with a select group of fund managers across Australia.
Core currently undertakes strategic research and analysis across all major elements of the energy value chain and covers 15 ASX listed companies including large caps - Woodside, Origin (and Contact), AGL, Santos, Oil Search and Worley Parsons.”
For further information contact Paul Taliangis via pt@coreenergy.com.au or (08) 8412 6401.
