RE:RE:Can Enterprise Group share price double?It is a service company. Their performance is expected to lack the market, especially, it is a general trend of the industry to slow in capex, despite strong profits because of the policies of the Biden administration. The energy sector is unsure if it has a future, and it is reluctant to invest.
Stuckinsand wrote: That is indeed a very good question, can E double! Regardless of the company or industry many factors have to align. We need a strong economy, the "right" assets and skilled management. To assess if E is indeed on the right path to reward shareholders reverse the stock buy back and recalculate your metrics and determine how the company compares to peers and the TSX Energy index.