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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 Jul 17, 2015 8:07pm
166 Views
Post# 23936437

RE:RE:RE:RE:RE:RE:.57

RE:RE:RE:RE:RE:RE:.57
According to my Yahoo 3 month comparative chart, TBE is down ~25% in the last 3 months, and most of those names listed are down more in that span. PWT down almost 40% from $3 to $1.80 in 3 months... TBE down from 77 cents to 58 cents. CPG down from 32 to 22. Not that it means a whole lot since different stocks will take a slightly different path along the way.. But anyone saying 'omg, what's wrong with TBE, it's falling so much' may as well be crying about Crescent Point wondering what's wrong with CPG and how 'bad' CPG management is. So the reality is, nothing is wrong with TBE, what's wrong is just a general oil producer problem related to low oil prices. Only safety is to either stay out of oil stocks or buy a rock like HSE or IMO to partially insulate yourself.
Bullboard Posts