Compare GUSH or CPG to oil priceIt all follows the same trend - a strong disconnect from tracking oil price GUSH etf seems to hold small to large E&P only. If you compare oil with integrated, they are tracking oil.
So we know Norway dumped E&P. I think our pension fund dumped a long time ago.
What will get this sector moving again? Consolidations?
At todays oil price, CPG should easily be over 4 US$.