GREY:LGVWF - Post by User
Post by
Nawaralsaadion Jun 14, 2013 10:26am
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Post# 21524976
Oil Prices
Oil Prices With WTI crossing $98 today, and Canadian Heavy oil prices shrinking the discount with WTI from $41 to $9 (https://www.bloomberg.com/news/2013-06-12/canada-heavy-oil-gains-as-pipeline-space-freed-by-syncrude-work.html) Longview will be reporting very strong cash flow numbers in August; with steady operations, strong oil prices and a sustainable dividend, LNV could be back in the high single digits with a couple of quarters.
Absolutely the best name out there to get exposure to oil.
Regards,
Nawar