Comment by
masfortuna on Feb 21, 2022 12:01pm
He's on my ignore pile...
Comment by
Capharnaum on Feb 21, 2022 12:33pm
I think oil depends on whether there will be a war with Russia or not. Without a war, I think it's bound to go down imo. As to STC, if you exclude working capital changes, they had about $15.7M in operating cashflows in Q4, or about 50 cents per share for the quarter. Based on that, the stock would be trading a bit under 8x operating cashflows, which is fairly cheap.
Comment by
CandyC on Feb 21, 2022 3:35pm
USA major shale producers won't even drill at $200 oil https://oilprice.com/Energy/Energy-General/Not-Even-200-Oil-Will-Make-Shale-Giants-Drill-Aggressively.html?fbclid=IwAR2P9OzK-KMkr5pqaJF9Tb6zExUNfZ2V-finJEuETCeoLAKMMo05VtuB6_g