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Veresen Inc. T.VSN.DB.B



TSX:VSN.DB.B - Post by User

Comment by Beckysbosson Apr 26, 2016 2:58pm
119 Views
Post# 24811682

RE:RE:Whats your view?

RE:RE:Whats your view?
  VSN if you overlay the charts with oil or gas looks to follow oil around more than gas.  VSN started dropping with oil and followed it down,  gas hasn't moved around like oil so much the last couple of years.  Remember the price of condensate thru Aux Sable  is a large variable in their cash flow  when you look at their revenues the past couple of years, so oil matters. IMHO sentiment in the energy sector is a big play in that as well,  oil dominates that discussion it seems. With nat gas they are basically a toll collector,  the price of gas doesn't matter much.  Both impact it but oil seems to have more sway.
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