Post by
Ebankbank on Oct 07, 2022 1:37pm
Price
I am a bit confused about the price today, oil up 3.90 at this moment and we are down ?????? Vet FCF is huge and with buy backs and less hedges in 23 we should break 40 soon!!!!
Comment by
DukesMtl on Oct 07, 2022 3:20pm
The stock market is crashing. Take a look at the NASDAQ & S&P 500 over 10 years. Long drawn out Recession is being priced into the market. SP's already had the OPEC cut run up starting before it was announced. It's possible we will see a pullback soon as the SPR release still has alot of runway...., Biden to further authorize the release of more barrels
Comment by
stockmarket1 on Oct 07, 2022 3:29pm
Did you talk to him ( Biden)
Comment by
Citizen13 on Oct 07, 2022 4:47pm
Unfortunately this is an oil stock. Down on down stock market days , down on down oil price days. Not always, just usually . Part of the game.
Comment by
Oldnagger on Oct 07, 2022 5:43pm
Think of things this way. The lower the price ,the greater the value (Thanks to NCIB )