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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Sep 22, 2016 5:54pm
148 Views
Post# 25267883

NBZ smart with Hedges.No Short Term Debt.

NBZ smart with Hedges.No Short Term Debt.Based on a simple calculation, HSBC estimates that by 2040, the world will need to find around 40 million barrels of oil per day to keep up with growing demand from emerging economies, reports Business Insider. This means that companies that manage to survive this downturn will have decades of high oil prices to benefit from. There are a number of companies that are cutting costs, innovating, building relationships with clients and hedging smartly. Such companies will be the ones to survive the downturn, emerging stronger to reap the benefits of high oil prices when the cycle turns again
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