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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by konzelmannon Jun 13, 2014 8:43am
220 Views
Post# 22656696

RE:RE:RE:RE:RE:RE:Rising oil prices

RE:RE:RE:RE:RE:RE:Rising oil prices
I'd say that with oil prices doing well it's actually a bit of information that will likely result in good quarters in the future as hedges come off the books and that it will 'surprise' people. The fact that the stock hasn't gone back up yet is just going to cause the upside from the 'surprise' to be greater. I mean, I know no one should be surprised when an oil producer does well when oil prices are high, but for some reason it tends to happen anyway. It's as if people don't put two and two together and realize that high oil prices will result in a good quarter. The good quarter comes, everyone acts surprised, and TBE goes back over $2.
Bullboard Posts