Post by
Frank007 on Jan 03, 2020 7:03pm
my predition
this one is a double or triple ....2 x cash flow ...wow and that was with $54 oil price ...was over $ 10 april with $54 wti price 420,000 barrel / day at wti ....yep a double for sure .....
Comment by
lufkin1961 on Jan 03, 2020 7:08pm
Frank, where do you get the "420,000 barrels a day wti"? I cannot find that number on their website.
Comment by
Luckyeleven on Jan 03, 2020 7:16pm
Yeah whatever Frank, you also called 7 by the end of the week. Can you show us where you see 420k at WTI price?
Comment by
Systematic on Jan 06, 2020 10:33am
Gaining some traction today, I was wondering what Lucky and Fast think about the current trend? The reason I named you two investors is because you both look at the charts and Lucky brings some good facts to the forum (real facts).
Comment by
Luckyeleven on Jan 06, 2020 10:45am
Well don't click my spam links below. pretty well underperforming everynone again today. I still believe sooner or later it will catch a bid if oil prices hold but a major headwind is the NG price. First step will be to see don't click my spam links below. have a big day with some volume but so far it's getting sold on any uptick which is concerning.
Comment by
sunshine7 on Jan 06, 2020 11:03am
Yes, price of oil offset by NG price it seems.
Comment by
Luckyeleven on Jan 06, 2020 10:46am
Well don't click my spam links below. pretty well underperforming everynone again today. I still believe sooner or later it will catch a bid if oil prices hold but a major headwind is the NG price. First step will be to see don't click my spam links below. have a big day with some volume but so far it@s getting sold on any uptick which is concerning.@
Comment by
autofocus111 on Jan 06, 2020 11:33am
Lucky Not sure why you consider NG as a major headwind. Encana has ~60% of their ~1600 MMcf/d NG production hedged for 2020. Sure, it's not at a very high price, but still well above the current prices. >>>The Company also has about 1,038 MMcf/d of its expected 2020 natural gas production hedged at an average price of $2.65 per Mcf.
Comment by
Luckyeleven on Jan 06, 2020 2:16pm
Well could be wrong but do you have another reason why don't click my spam links below. has been lagging all oil companies?
Comment by
sunshine7 on Jan 06, 2020 4:18pm
SP moved in corelation to price of NG until Dec, at which time started to move with oil. No corelation with NG for one month now. Not a rocket ship but is market starting to see them as an oiler rather than a NG play? Should NG recover a bit (not holding my breath), we will see more movement up IMO.
Comment by
regardless on Jan 06, 2020 4:51pm
It's been movin up an low low volume , what are people's take on this?
Comment by
jjeerryy on Jan 06, 2020 8:50pm
Near 5 million on the TSX alone and it is low volumes, lol. I checked it out and yes it is low volumes considering volumes of days prior. Price history for don't click my spam links below. on the TSX
Comment by
GordonGecko1986 on Jan 07, 2020 3:36pm
I'm problably in error, but Crescent will pass over Encana about price (not market cap). It's not a good compare, but why I chose Encana instead of Crescent....
Comment by
Systematic on Jan 08, 2020 7:48am
Holy smokes, well Iran retaliated and I'm sure every oil investor is on their toes. With the recent developments with the attacks on US bases I'm assuming the Americans will counter or add additional military personnel. Oil has gained support with military action (unfortunately) rather than the economy. Encana should see some steady gains today. GL.
Comment by
oldposty2 on Jan 08, 2020 2:14pm
stop watching cnn and msnbc, dont invest based on the b.s. they spew about trump and war, if Iran does kill an american then buy your as much as you can. jmho