In the following video, analysts Joel South and Austin Smith continue their discussion to give you both sides of the InterOil story. Parliamentary government in New Guinea is forcing the company to battle through tons of red tape, which cuts into the company's ability to start developing LNG export facilities. InterOil needs to seize the opportunity with extremely profitable Asian-Pacific markets right now, but government delays could allow competitors to sneak in and grab the profit. Joel cautions investors to watch how these government interests play out for the energy stock.
InterOil is still a risky venture with a lot of upside potential. If InterOil is not of interest or if the company is carries too much risk, then you should check out our new free report, "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.
Joel South owns shares of ExxonMobil. The Motley Fool owns shares of ExxonMobil. Austin Smith owns no shares of the companies mentioned above. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
3 Top Oil Stocks to Buy in January
The oil industry continues to recover, and these three stocks are ready to profit.
This Is the Best Big Oil Stock to Buy in 2018
After a lackluster couple of years, the largest names in the oil and gas industry could be a good place to invest now.
Here's the Best Dividend Stock in Big Oil
The best dividend isn't always the biggest, but in this case, it almost is.