Post by
1condor on Mar 18, 2024 4:30pm
CNQ and TOU
Surprised how much CNQ is outperforming TOU...and by a wide margin. CNQ is the go to in the sector and is rippin' along while TOU struggles daily to hold 60 bucks.
Comment by
Cobalt on Mar 18, 2024 4:57pm
Nat Gas to Nat Gas 1 year ARX 59% TOU 13%
Comment by
1condor on Mar 21, 2024 1:25pm
TOU has run out of gas...for whatever reason...but its underperformance in the sector is becoming very evident.
Comment by
Randy1988 on Mar 21, 2024 8:53pm
I sometimes like to breakdown what the companies worth compared to flowing BOE. Obvousily companies with a higher oil to gas ration will have a higher value for 1 flowing BOE (if oil prices are high) . With todays stockprice/marketcap and estimated production off of Q4 results. CNQ $80000 per flowing BOE ARX $38500 per flowing BOE TOU $37750 per flowing BOE
Comment by
YupnDump on Mar 22, 2024 9:17am
it has run outta gas as NG is CHEAP CHEAP CHEAP as EIA reports increased storage.