RE:RE:Sp movement This can be a short term play, even if investors doubt the sustainability of oil stocks. I hope you're both right and get to at least 30 by year end
Chris007 wrote: I suppose that there is always the risk that the whole sector has been rerated and historical multiples no longer apply.
Who knows, time will tell. LIke you said, hopefully the share price picks up as earnings improve.
thegreattimario wrote: This should be higher than it is but so much invest money is flowing into renewables that traditional oil plays are not moving the way they should. At plus 50 a barrel suncor should have a good next quarterly. Hopefully that gives the sp a kick upward.