GREY:LSTMF - Post by User
Comment by
PeterWrighton Apr 17, 2016 8:39am
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Post# 24776040
RE:Netbacks for LTS?
RE:Netbacks for LTS?netbacks, I would go to each companies website, research the companies netbacks, debt and forward cashflow. Some of the companies on your list will have had survived on hedging last year, so you'll have to factor in forward hedges to determine the survival probability.
WCP, TOG and VET are my favorites on your list. PGF is tempting....You were smart to sell LTS. LTS could be a consideration once we find out next week how their credit will look and if oil gets above $50 quickly, otherwise buy some WCP or VET and sleep at night.