RE:SPE Is A DogUppersDowners wrote: as of late as we are stuck in a range of $2.50 to $2.70 and should be $3.50 but maybe we need to be taken out to get that price. Everyone says we are top of the heap for stable oil companies and make money at $45 oil yet we stink like a wet dog.
Well I think the divestments from Canada are having an impact and creating some worries. Then, we are also waiting for the May OPEC decision, which if yay for extensions, should send us back to the 52 week highs. That's my opinion anyways. Also, favourable Q1 results based on higher oil prices will hopefully also have a promising impact- they should anyhow.