TSX:VSN.DB.B - Post by User
Comment by
Beckysbosson Apr 26, 2016 2:58pm
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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.