The Cdn market is so screwed up I don't know whether its jealousy , wokeness or just political correctness but the pricing of canadian O&G companies is truly shocking . It blows my mind that something so essential is so shunned . It seems the market would rather let the algos hold these stocks down than actually recognize value .
This is rapidly turning into the woodcutter sawing off the branch he's sitting on . The loss of the SPR releases will totally shock the supply/demand equation which will cause a big waves in the paper market . Every day the market ignores this shortfall , the worse the reaction will be once reality forces the conversation .