Tip of the Week: Himsworth - Heritage Oil stands out from the crowd

TIP OF THE WEEK

Leigh Himsworth, head of UK equities at Gartmore, explains his enthusiasm for exploration company Heritage Oil and Booker cash and carry

Heritage Oil Heritage Oil is an oil exploration and production company that operates in high risk areas such as Africa, and also has key assets in the Kurdistan region of Iraq. It has a strong track record in these challenging environments. There are a number of things that make Heritage Oil attractive. It has a good record of success and is well funded in comparison to its peers. It also provides a source of overseas earnings, which is useful when the domestic growth outlook is uncertain. Heritage also has the benefit of being ‘different’ to many of its peers, and as part of a port...