Running out of fuel

Companies in the energy sector are surprisingly resilient in the face of a broad range of challenges. For evidence, you need look no further than the IR Magazine Continental Europe Investor Perception Study 2006/2007, which canvassed the opinions of buy-side and sell-side analysts and portfolio managers. Respondents were asked to rate which sectors they were most optimistic about in terms of stock market performance over the next twelve to 18 months – and the energy sector came second