Post by
gold_diggers1 on May 04, 2021 4:11pm
WTI over $65.75, VET down?
As WTI moves to $65.75, most oil & gas stocks are up today, except VET, CVE, IMO, MEG.... down 2% or more.... Why?
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And it's quiet on the VET board today.... I am dumbfounded with VET not heading up with oil price like this.
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Someone from Scotia sold lots in the first few minutes trading today.
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GLTA
Comment by
ThatAlbertaGuy on May 04, 2021 5:04pm
I thought it was quiet since I muted just about everyone lol . Yeah a bizarre day suncor barely squeaked out a green finish with awesome earnings . Not really sure why but api shows a big draw and oil now into the 66s hopefully the eia confirms and maybe this ship can go back to 10 like the last time lol was this price a month or so ago .
Comment by
stockmarket1 on May 04, 2021 6:20pm
Ya, no Sh*t eh? VET recently went over $11 when WTI and Brent were lower than today's price at $64 per - say. And that was before earnings report too. We'll get there.
Comment by
ThatAlbertaGuy on May 04, 2021 7:34pm
I even feel that last run up to 11 the sentiment was oil was heading to 70 soon and going to have a banner year . Well here we are at 66 and Goldman is calling for 80 this year (banner numbers in my book) hopefully the forward thinking comes back but if I have to wait till q2 numbers so be it not like they are getting any worse .