2140 GMT - Strike Energy may have plenty of potential but Wilsons wants more clarity on the strategic direction of the company. In particular, Wilsons has become less bullish about the near-term output of Strike's Walyering gas plant. Analyst James Karakatsanis now expects flat production from Walyering, having previously forecast it to rise. "We think it is prudent to gauge new management (interim and incoming) before taking a view of the productive capabilities of the Walyering gas plant," says Wilsons, which rates Strike a buy. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
March 02, 2025 16:40 ET (21:40 GMT)
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