RE:RE:A barrel of WCS is priced below a gallon of premiummontrus, I think in energy names your best options are the large multinationals. I like BP, Exxon, Shell, and Chevron in that order. I also like Methanex as a indirect energy play. It is a stock unfairly beaten down but has a strong balance sheet, benefits from low nat gas prices, is a leader in its market, and has strong management.
Some or all of the companies listed may cut their dividends but will come out stronger at the end. I seriously question whether VET will come out of this as a going concern. I doubt it. JMHO. GLTA.
montrus wrote: You offer compelling data here WMG. So are you saying that VET and many many others will not survive in this scenario?! That must pave the way for lots of possible M&A. In your opinion, what would be the safest names to hold then, in this sector? Best regards and keep well.