TSX:HSE.PR.B - Post by User
Comment by
Nawaralsaadion Nov 25, 2011 11:13am
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Post# 19267205
RE: oil up $1.00
RE: oil up $1.00but there is a relationship between oil prices and HSE bottom line, and this is what really matters. The market may not realize it now, but at current oil prices HSE is minting cash flow, a cash flow that is needed to exploit the company massive asset base, assure the future of the company and sustain the dividend; I'd rather have a low stock price and high oil prices, rather then an artificially high stock price and low oil prices; at least with the current setup it is clear that the stock price will catch up at some point; of course it would be great if the company always traded more in line with oil prices, but if the markets were that efficient, there will be no real money to be made investing in them. Regards,Nawar