Winner: Sydney Gas (SGL)

Submitted by Marco on 3 September, 2006 - 23:38

Sydney Gas (SGL) Stock Price Chart

The stock with the best performance this week ('Winner of the week') was Sydney Gas (SGL). The stock closed 26 percent higher after a release of a two year strategic plan. The company is establishing itself as a leading Australian energy company, focused on the production of coal seam gas (CSG); natural gas, from the vast coal deposits contained within the Sydney Basin. Sydney Gas is the first commercial producer of natural gas in New South Wales, and has been selling gas to AGL Wholesale Gas Ltd from the southern Sydney Basin, since May 2001.

Sydney Gas Limited is listed on the Australian Stock Exchange (ASX) under stock code SGL. You can view their investor website here. The stock listed on the ASX on the 27th of June, 1996. The company is in the Energy industry and is involved in coalbed methane exploration, development, production and marketing.Browse for other broker recommendations. Check your charts and good luck with your share trading!