2019: The title of best performing stock across 2019 belongs to Petrel Resources !

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The title of best performing stock across 2019 belongs to Ireland-based exploration and production company Petrel Resources (LSE:PET) after it surged by 2,000% to 25p on December 23, 2019. Petrel, which is a veteran on AIM having listed back in 2000, has benefited from “an influential group of substantial investors” (Netoil’s Team) building up a significant stake in the company.

Their oil and gas expertise will be put to use as the group looks to acquire and develop assets in the Middle East, particularly Iraq. Petrel has worked in the region since 1999, which it believes offers unique oil and gas opportunities for those companies with the know-how.

https://www.ii.co.uk/analysis-commentary/best-aim-stocks-2019-whos-1700-so-far-ii510030