Record Low Valuation for Oil and Gas Companies in Vietnam

Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

Thematic (Sector/Industry)

Vietnam Energy / Thematic (Sector/Industry)

<p>The low oil price environment has created buy opportunities for companies that are operating in this industry in Vietnam. &nbsp; PetroVietnam Drilling and Well Services(HOSE:PVD) and PetroVietnam Technical Services(HOSE:PVS) are two companies to examine as a means for investors to profit from the current low oil price environment. &nbsp;Valuation for both of these companies is substantially lower than average in Vietnam, and both companies have demonstrated their ability to cope during low oil prices, based on their financial performance during 2009. &nbsp;In this manner, both companies are excellent long term holds, and now is a strategic time for entry, even if oil prices do drop further in the future.</p>

The low oil price environment has created buy opportunities for companies that are operating in this industry in Vietnam. &nbsp; PetroVietnam Drilling and Well Services(HOSE:PVD) and PetroVietnam Technical Services(HOSE:PVS) are two companies to examine as a means for investors to profit from the current low oil price environment. &nbsp;Valuation for both of these companies is substantially lower than average in Vietnam, and both companies have demonstrated their ability to cope during low oil prices, based on their financial performance during 2009. &nbsp;In this manner, both companies are excellent long term holds, and now is a strategic time for entry, even if oil prices do drop further in the future.

2 Vietnamese Companies That Were Successful Despite the 2008 Oil Price Shock: Implications for 2015