Post by
bossu on Jun 26, 2021 11:20am
It's a matter of a few months...
At the actual oil price Vet soon to surge.
Hopefully I'm in with Bir which compensate for my paper loss in VET .
However I'm not incline to average down but the strategy has been working very well with Altagas and of course BIR.
It did the same with CSH.U ( Chartwell Residence) when the Covid -19 was present all around !
Still hesitating with VET !
Comment by
Dragon1 on Jun 27, 2021 3:06pm
Hedging will damper results for the 2 quarter but this won't be the case (hopefully) for the 3rd quarter.If oil and gas increase as they should over the summer we should see very significant FCF,debt reduction,and a dividend on the horizon.You should be able to get the rest of that BMW. GLTA