What's new:
• Encouraging well results from Brazil
• LNG projects in Australia on track
• Commodity and foreign exchange exposure hedged
IC TIP:
Sell
at
1235p
For years, BG (BG.) enjoyed a relatively unblemished operational record. In January, however, the group issued its fourth profit warning in less than 18 months, leading to accusations that chief executive Chris Finlayson had taken his eye off the ball. This was perhaps unfair, given that he had only taken over the reins from Sir Frank Chapman a year earlier. But by the end of April, Mr Finlayson had resigned, leaving group chairman Andrew Gould in the role on a temporary basis.