GREY:PRBEQ - Post by User
Post by
westcoast1000on Apr 23, 2016 3:16am
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Post# 24801861
price of oil creeps up
price of oil creeps upBrent crude just over $45 US on April 22 with WTI over $43. At $55-60/bbl this company will be rocking and making lots of money. We need to see where they are now, in terms of earnings and cash flow, in about 8 days. The well services side can carry a lot of the burden of creating earnings, as we saw in the previous quarter.