RE:Can you explain???SGordon wrote: Why when the oil price was at 25$ the barrel in 2015-2016, the SP was at 2,50$ and today with the oil price at 45$ the SP is at 2,90$....???? If you look at the last time of the barrel was at 45$ the SP was at 4$....???? Don't understand that!!! Thanks
The market is forwrd thinking and the prognisise for bte is very poor. highest d/cf in the sector, looming cra tax judgment, debt negotitation or repayment closer than before, recipes for serious doubt about solvency exist. The only thing saving them now is Texas but the debt incurred to get Texas is killing them, a squeeze thats making investors squeemish