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LUKOY - Lukoil: Best Oil Play In The Market Right Now
PJSC Lukoil ADR
Like any other O&G company, Lukoil (LUKOY) is facing a tough time. The implementation of strict lockdowns all around the world decreased the demand for oil and as a result, the value of the commodity plummeted in the last couple of months. However, as movement restrictions are being eased, the price of oil slowly starts to return to its previous levels and it currently trades at its 2-month high. Unlike other major oil producers, Lukoil has enough resources to weather this volatility as its books are not overleveraged and it has one of