Bourse Report 28th November 2016

Energy Stocks in Focus

This week, we at Bourse review the performance of two energy-focused stocks on the local exchange; Trinidad and Tobago NGL Ltd (TTNGL) and National Enterprises Limited (NEL). In an environment of volatile energy prices and lower local production of natural gas and its related products, NGL’s share price has appreciated 4.7% year-to-date. NEL’s share price, meanwhile, has descended 35.4% and is currently priced at $10.59. We take a look closer look at each of the stocks and some of the drivers of their respective performance.